Las Vegas, Nevada – May 28, 2025 — In a groundbreaking announcement at the Bitcoin 2025 conference in Las Vegas, Pakistan’s Minister of State for Blockchain and Crypto, Bilal Bin Saqib, unveiled an ambitious national strategy to establish a Strategic Bitcoin Reserve and allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers.
Addressing a global audience that included U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr., Bin Saqib delivered a bold keynote positioning Pakistan as a rising force in the global crypto ecosystem. He emphasized that the country’s new digital asset initiatives mark a decisive pivot towards blockchain innovation and economic modernization.
“This wallet, the national bitcoin wallet, is not for speculation or hype. We will be holding these bitcoins and we will never, ever sell them,” said Bilal Bin Saqib.
Inspired by U.S. Crypto Policy
Bin Saqib revealed that the idea for Pakistan’s Strategic Bitcoin Reserve was inspired by the U.S. administration’s own plan to establish a bitcoin reserve sourced from government-held assets, including approximately 200,000 bitcoins seized through civil and criminal forfeitures.
He also noted Pakistan is closely monitoring U.S. legislative developments, particularly the GENIUS Act, a bill designed to regulate stablecoins, indicating Pakistan’s intent to align itself with global crypto regulatory frameworks.
Energy Allocation for Mining & AI
As part of its strategic shift, the Pakistani government has earmarked 2,000 megawatts of surplus energy in the initiative’s first phase to support Bitcoin mining and AI infrastructure. The announcement serves as an open invitation to international crypto miners and infrastructure developers to build and scale operations within Pakistan.
“We want to welcome all miners to come to Pakistan, all the infrastructure players to come and build with us,” Bin Saqib added.
Establishment of Pakistan Digital Assets Authority (PDAA)
To ensure a robust regulatory environment, Bin Saqib announced the formation of the Pakistan Digital Assets Authority (PDAA) — a dedicated body tasked with regulating the digital asset economy, protecting investors, and fostering innovation in blockchain and fintech.
A New Vision for Pakistan
At just 34 years old, Bilal Bin Saqib has emerged as the voice of a new, tech-savvy generation. Representing a country with over 40 million crypto wallets, a median age of 23, and one of the world’s largest freelance economies, he portrayed Pakistan as an “unstoppable” force in the global Web3 movement.
“I’m not just here as a minister, I’m here as the voice of a generation — a generation that is online, on-chain, and unstoppable,” he declared.
Bin Saqib called on global innovators to build in Pakistan — from creating wallets for the unbanked to tokenizing real-world assets such as land.
Rebranding Pakistan on the Global Tech Map
In a gesture that marked both diplomacy and vision, Bin Saqib also thanked President Donald Trump for his role in promoting crypto adoption and for his diplomatic efforts in easing recent tensions between India and Pakistan.
“Both Pakistan and Bitcoin have suffered from bad PR,” he said. “But if you look past the headlines, you’ll see something else: talent, resilience, and vision.”
A Call to Global Builders
Bilal’s keynote was more than a policy announcement; it was a strategic rebranding of Pakistan as a youth-powered, digitally forward nation with a clear commitment to economic empowerment through crypto and blockchain technologies.
“If you’re building something real — come build it in Pakistan. Come build wallets for the unbanked. Come tokenize land. Come scale your mission with our youth and our unstoppable grit,” he urged.
As the world’s eyes turned to Bitcoin Vegas 2025, Pakistan’s bold new direction was crystal clear: it is no longer a follower — it’s stepping up as a leader in the global digital economy.
Source: CoinDesk
