Bilal Bin Saqib, Pakistan’s Minister of State for Crypto and Blockchain, recently held a high-level meeting in Washington with Patrick Witt, senior crypto adviser to US President Donald Trump. The discussion centered on potential collaboration in digital assets and broader opportunities in blockchain innovation. Saqib described the engagement as
“a remarkable day for Pakistan in Washington” and highlighted the value of drawing on US experience to unlock opportunities in this space.”
The Pakistan Crypto Council (PCC), led by Saqib, has been driving regulatory frameworks and attracting investment. Saqib, who also serves as Special Assistant to the Prime Minister, said the council is committed to shaping Pakistan’s blockchain future and integrating digital assets into the financial system.
At the Bitcoin 2025 conference in Las Vegas, Saqib revealed that Pakistan has launched a Strategic Bitcoin Reserve. The state will hold Bitcoin in a sovereign wallet with no plan to sell, positioning it as a long-term strategic asset.
Pakistan has allocated 2,000 megawatts of electricity in the first phase of its national plan to power Bitcoin mining and AI data centers. This move aims to use surplus energy, create jobs, and bring in global investment to strengthen the tech sector.
Pakistan has also partnered with World Liberty Financial (WLF), a DeFi platform backed by Donald Trump. A Letter of Intent was signed earlier this year to promote blockchain innovation, stablecoin adoption, and DeFi growth in Pakistan.
Saqib has been meeting with US lawmakers, including Senators Cynthia Lummis, Bill Hagerty, and Rick Scott, to discuss financial innovation and regulatory alignment. These talks highlight Pakistan’s efforts to match global standards in digital asset regulation while attracting foreign partnerships.