Pakistan is stepping up its efforts to regulate digital assets, aligning with global anti-money laundering and financial transparency standards set by the Financial Action Task Force (FATF). The country has recently implemented its first policy for virtual assets. Digital infrastructure It is now rightly focused on creating a strong underlying digital financial ecosystem.

Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib participated in discussions with Bitcoin proponent Michael Saylor. His firm, MicroStrategy, now renamed Strategy, owns more than 582,000 BTC, making it the world’s largest corporate BTC holder. During this time, discussions around including Bitcoin in Pakistan’s sovereign reserves began. They investigated the long-term effects of Bitcoin on monetary policy. Saylor further offered to provide advisory assistance to help advance Pakistan’s digital asset agenda.

The Pakistan Virtual Assets Regulatory Authority (PVARA), which was approved by the federal cabinet in May to regulate the country’s blockchain-based infrastructure, has already started monitoring crypto activity. It is one of the key steps taken by the government to oversee the development of a comprehensive digital financial ecosystem.

In March, Pakistan went further and created a Pakistan Crypto Council (PCC). Muhammad Aurangzeb spearheading The Karachi-based council’s goal is to establish a legal framework for the trading of cryptocurrency and attract foreign investment. Bilal Bin Saqib is CEO vehicle for courtesy support. Unsurprisingly, he is Minister of State for Crypto and Blockchain.

"Pakistan aspires to lead the Global South in the development and adoption of digital assets, setting a benchmark for innovation, regulation and inclusive growth." - Aurangzeb

The country looks forward to continued consultations with global stakeholders as it builds out its digital financial ecosystem. Pakistan has formally adopted its first state-supported strategic Bitcoin reserve. This very thrilling announcement – filled with potential! – was dropped during the Bitcoin 2025 conference hosted in Las Vegas.

"Bitcoin is the strongest asset for long-term national resilience." - Michael Saylor

Saylor believes that emerging markets such as Pakistan can skip straight to the advantages of blockchain-based finance by adopting the technology early. Perhaps more importantly, he provided his interpretation of the country’s commitment to establishing a digital economy.

"clarity and commitment toward fostering a forward-looking digital economy" - Michael Saylor