- Michael Saylor met with Pakistan’s finance ministers to discuss Bitcoin’s role in the national economy.
- Pakistan is working on a state-backed Bitcoin reserve and a comprehensive digital asset framework.
- Global crypto leaders are backing Pakistan’s efforts to become a digital finance leader.
Michael Saylor, executive chairman of Strategy and a prominent Bitcoin advocate, has met with Pakistan’s Finance Minister Muhammad Aurangzeb and State Minister for Crypto Bilal Bin Saqib.
The virtual meeting focused on adopting Bitcoin in national reserves and forming a clear regulatory framework. Saylor pledged his support and offered guidance on best practices for implementation.
Saylor Supports Pakistan’s Bitcoin Vision
Saylor, whose company holds over 582,000 BTC valued at over $62 billion, discussed his experience with Bitcoin as a sovereign-grade asset. He advised Pakistani officials on best practices in asset acquisition, market communication, and legal clarity.
Related: IMF Warns Pakistan Over Bitcoin Reserve Amid Energy and Legal Concerns
In a video shared by Pakistan’s Finance Ministry publicity team, Saylor emphasized that strong leadership and transparency were key to Strategy’s success in building Bitcoin reserves.
“We’ve $40 billion to buy Bitcoin because investors trust our message, governance, and strategy,” he said. “That same principle can work for a nation.”
Meanwhile, Saylor also noted, “Pakistan has many brilliant people, and it has the commitment and clarity needed by businesses globally.”
Pakistan Accelerates Its Push for a National Crypto Framework
Pakistan is accelerating its push to adopt digital assets through a structured approach. According to the Finance Ministry, the country plans to build a Bitcoin reserve and introduce a national digital assets policy.
This policy will be managed by the newly established Pakistan Virtual Assets Regulatory Authority. In addition, the Pakistan Crypto Council, created in March, has drafted a crypto legal framework that the ministry has agreed to fast-track.
State Minister for Crypto Bilal Bin Saqib described the initiative as a step toward positioning Pakistan as a leader in Web3. “If a private firm like Strategy can transform itself through Bitcoin, so can a country,” he said.
Global Crypto Figures Back Pakistan’s Pro-Digital Asset Push
Pakistan’s digital asset movement has gained support from global crypto figures. Binance co-founder Changpeng Zhao joined the Pakistan Crypto Council as a strategic advisor earlier this year.
In April, U.S. businessman Zachary Witkoff, whose father is a known ally of Donald Trump, signed a partnership between his firm, World Liberty Financial, and the council.
Related: Binance and Pakistan IT Ministry Roll Out Blockchain Education Program for 80,000 Students
This growing international interest confirms confidence in Pakistan’s crypto direction. Finance Minister Aurangzeb stated that the country aims to lead the Global South in adopting and regulating digital assets.
Earlier in May, Pakistan’s Finance Ministry approved the creation of the Pakistan Digital Assets Authority (PDAA) to regulate blockchain infrastructure. The PDAA will oversee licensing and regulation of exchanges, wallets, custodians, tokenized platforms, stablecoins, and DeFi services.
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