ISLAMABAD: In a significant step toward embracing the digital economy, Pakistan has established its first strategic Bitcoin reserve — a move that marks a pivotal shift from traditional soft power to a more dynamic smart power approach.
Bilal Bin Saqib, Special Assistant to the Prime Minister and a recognized blockchain expert, hailed the development as Pakistan’s “new digital identity” on the global stage. He noted that the initiative would fast-track the country’s growth in cryptocurrency adoption and blockchain innovation, helping to position Pakistan as a serious player in the international crypto space.
Experts Viewpoint
Industry experts have widely praised the move, viewing it as a bold stride toward digital sovereignty, economic diversification, and enhanced technological autonomy.
They argue that integrating crypto assets into the national framework could help stabilize Pakistan’s economy while also creating new opportunities for youth in the rapidly expanding digital and blockchain sectors.
Notably, several countries in the world have adopted Bitcoin to boost their strategic reserves amid the rapidly growing penetration of the cryptocurrency globally.
On Wednesday, the value of Bitcoin once again crossed 107K level in anticipation of positive developments globally after the Israel-Iran ceasefire and Trump’s ceasefire offer for Gaza.
