Bilal Bin Sakib, Chairman of the Pakistan Curd Council, announced on May 28 that the country is moving to create a strategic reserve for bitcoin.
Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Sakib said that the Pakistan government has followed the US leadership in establishing a strategic reserve for Bitcoin and embracing the regulatory policies supporting crying. The government official told the public:
“Today is a very historical day. Today, I announced that the Pakistani government is creating a strategic reserve for the government -led bitcoin, and we want to thank the United States of America again because we were inspired by them.”
This announcement is a great departure from the position of the previous Pakistan government regarding encrypted currencies, considering that the encryption will not be legal in the country.
Pakistan’s transformation reflects the broader trend of national courses that adopt in support of crying policies after the organizational shift in Washington, DC, under the leadership of President Donald Trump’s administration.
Related to: Pakistan appoints a special assistant to the Prime Minister on Blockchain and Crypto
This is a developing story, and more information will be added when available.
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