Pakistan Aims to Lead Global South in Virtual Assets Strategy

Pakistan’s commitment to cryptocurrency is accelerating with a strategic vision to become a global leader in virtual asset management within the Global South. Bilal Bin Saqib, CEO of Pakistan Crypto Council, met with Robert Bo Hines, Executive Director of the US President’s Council of Advisers for Virtual Assets, to discuss strengthening bilateral ties and exploring collaboration on cryptocurrency strategy. This initiative is supported by the Pakistani government’s establishment of a dedicated Crypto Council in March, tasked with guiding national policy on blockchain, virtual currencies, and crypto-related investments. Pakistan’s bold step forward was further highlighted during the Bitcoin 2025 Conference in Las Vegas, where a Strategic Bitcoin Reserve was announced, positioning the country as an early Asian adopter of integrating Bitcoin into its sovereign asset strategy. To ensure smooth implementation, the government plans to establish an independent regulatory body dedicated to overseeing the digital finance and crypto ecosystem. Saqib’s meeting with Hines also touched upon aligning national strategies with decentralized technologies, encouraging regulatory coherence, and developing innovation systems to promote youth engagement and financial inclusion. As part of their wider strategy, Pakistan aims to utilize 2,000 megawatts of surplus power to support Bitcoin mining and AI-driven data zones. This initiative seeks to unlock untapped energy resources into economic productivity, job creation, and virtual infrastructure growth. With rapid regulatory shifts in the global digital economy, Pakistan is actively pursuing collaboration between private sector innovation and government policy, positioning itself as a prominent player in the coming digital age.