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Pakistan Announces Bitcoin Strategic Reserve Plan at White House Meeting
Pakistan's Minister of Cryptocurrency Bilal Bin Saqib met with Trump's digital asset team to discuss cross-border cooperation.
The meeting was held with Robert "Bo" Hynes, Executive Director of the Digital Asset Council, focusing on Pakistan's newly announced strategic reserve.
Pakistan plans to use 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence data zones.
The country aims to convert unused energy capacity into digital productivity while creating jobs and expanding infrastructure.
Saqib emphasized Pakistan's mission to become a global leader in digital assets through strategic blockchain adoption.
The country is developing a comprehensive regulatory framework through the Pakistan Digital Assets Authority (PDAA).
PDAA will oversee the licensing of national exchanges, custodians, wallets, and decentralized finance applications.
However, the International Monetary Fund has expressed concerns about Pakistan's ongoing energy shortages and electricity distribution under fiscal pressure.
The initiative represents Pakistan's attempt to leverage digital assets for economic modernization and infrastructure development.
