On June 6, 2025, Pakistan's Minister of Cryptocurrency Bilal Bin Saqib discussed with Wall Street leaders in New York to strengthen the digital asset framework and establish a strategic Bitcoin reserve fund, showcasing efforts to modernize and enhance Pakistan's cryptocurrency position on the international stage.
Pakistan joins Wall Street on Bitcoin Bonds and Tokenization
The meeting of Minister Saqib with CEO Cantor Fitzgerald and the Mayor of New York focused on Bitcoin bonds and tokenization, opening opportunities for financial collaboration between Pakistan and the United States.
Pakistan is expected to accelerate its tokenization project, increase government Bitcoin holdings, and develop decentralized financial infrastructure, aiming to become a leading country in digital assets in the Southern Hemisphere.
"I envision Pakistan becoming a leading country in the Southern Hemisphere for Digital Assets. From launching our strategic Bitcoin reserve fund to unlocking national infrastructure for cryptocurrency mining and AI data regions, Pakistan is building a truly robust framework for digital asset adoption and economic modernization." – Bilal Bin Saqib, Minister of Cryptocurrency and Blockchain of Pakistan, CEO of the Pakistan Cryptocurrency Council
Pakistan certainly has the potential to develop regulations and blockchain technology, expand strategic collaboration, and leverage the growing fintech ecosystem domestically and internationally.