{"id":5039,"date":"2025-05-29T10:54:29","date_gmt":"2025-05-29T05:54:29","guid":{"rendered":"https:\/\/pkfin.kotenterprises.dev\/?p=5039"},"modified":"2025-05-29T10:54:29","modified_gmt":"2025-05-29T05:54:29","slug":"pakistan-to-establish-a-bitcoin-strategic-reserve-allocate-2000mw-of-energy-for-crypto-mining","status":"publish","type":"post","link":"https:\/\/pkfin.kotenterprises.dev\/?p=5039","title":{"rendered":"Pakistan to Establish a Bitcoin Strategic Reserve, Allocate 2000MW of Energy for Crypto Mining"},"content":{"rendered":"

Las Vegas, Nevada \u2013 May 28, 2025<\/strong> \u2014 In a groundbreaking announcement at the Bitcoin 2025 conference in Las Vegas, Pakistan\u2019s Minister of State for Blockchain and Crypto, Bilal Bin Saqib<\/strong>, unveiled an ambitious national strategy to establish a Strategic Bitcoin Reserve<\/strong> and allocate 2,000 megawatts of electricity<\/strong> for Bitcoin mining and AI data centers<\/strong>.<\/p>\n

Addressing a global audience that included U.S. Vice President JD Vance, Eric Trump, and Donald Trump Jr., Bin Saqib delivered a bold keynote positioning Pakistan as a rising force in the global crypto ecosystem. He emphasized that the country\u2019s new digital asset initiatives mark a decisive pivot towards blockchain innovation and economic modernization.<\/p>\n

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\u201cThis wallet, the national bitcoin wallet, is not for speculation or hype. We will be holding these bitcoins and we will never, ever sell them,\u201d said Bilal Bin Saqib<\/a>.<\/p>\n<\/blockquote>\n

Inspired by U.S. Crypto Policy<\/h2>\n

Bin Saqib revealed that the idea for Pakistan\u2019s Strategic Bitcoin Reserve was inspired by the U.S. administration\u2019s own plan to establish a bitcoin reserve sourced from government-held assets, including approximately 200,000 bitcoins<\/strong> seized through civil and criminal forfeitures.<\/p>\n

He also noted Pakistan is closely monitoring U.S. legislative developments, particularly the GENIUS Act<\/strong>, a bill designed to regulate stablecoins, indicating Pakistan\u2019s intent to align itself with global crypto regulatory frameworks.<\/p>\n

Energy Allocation for Mining & AI<\/h2>\n

As part of its strategic shift, the Pakistani government has earmarked 2,000 megawatts of surplus energy<\/strong> in the initiative\u2019s first phase to support Bitcoin mining<\/a> and AI infrastructure. The announcement serves as an open invitation to international crypto miners and infrastructure developers to build and scale operations within Pakistan.<\/p>\n

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\u201cWe want to welcome all miners to come to Pakistan, all the infrastructure players to come and build with us,\u201d Bin Saqib added.<\/p>\n<\/blockquote>\n

Establishment of Pakistan Digital Assets Authority (PDAA)<\/h2>\n

To ensure a robust regulatory environment, Bin Saqib announced the formation of the Pakistan Digital Assets Authority (PDAA)<\/strong> \u2014 a dedicated body tasked with regulating the digital asset<\/a> economy, protecting investors, and fostering innovation in blockchain and fintech.<\/p>\n

A New Vision for Pakistan<\/h2>\n

At just 34 years old, Bilal Bin Saqib has emerged as the voice of a new, tech-savvy generation. Representing a country with over 40 million crypto wallets<\/strong>, a median age of 23<\/strong>, and one of the world\u2019s largest freelance economies, he portrayed Pakistan as an \u201cunstoppable\u201d force in the global Web3 movement.<\/p>\n

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\u201cI\u2019m not just here as a minister, I\u2019m here as the voice of a generation \u2014 a generation that is online, on-chain, and unstoppable,\u201d he declared.<\/p>\n<\/blockquote>\n

Bin Saqib called on global innovators to build in Pakistan \u2014 from creating wallets for the unbanked to tokenizing real-world assets such as land.<\/p>\n

Rebranding Pakistan on the Global Tech Map<\/h2>\n

In a gesture that marked both diplomacy and vision, Bin Saqib also thanked President Donald Trump<\/strong> for his role in promoting crypto adoption<\/a> and for his diplomatic efforts in easing recent tensions between India and Pakistan.<\/p>\n

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\u201cBoth Pakistan and Bitcoin have suffered from bad PR,\u201d he said<\/a>. \u201cBut if you look past the headlines, you\u2019ll see something else: talent, resilience, and vision.\u201d<\/p>\n<\/blockquote>\n

A Call to Global Builders<\/h2>\n

Bilal\u2019s keynote was more than a policy announcement; it was a strategic rebranding of Pakistan as a youth-powered, digitally forward<\/strong> nation with a clear commitment to economic empowerment through crypto and blockchain technologies.<\/p>\n

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\u201cIf you\u2019re building something real \u2014 come build it in Pakistan. Come build wallets for the unbanked. Come tokenize land. Come scale your mission with our youth and our unstoppable grit,\u201d he urged.<\/p>\n<\/blockquote>\n

As the world\u2019s eyes turned to Bitcoin Vegas 2025, Pakistan\u2019s bold new direction was crystal clear: it is no longer a follower \u2014 it\u2019s stepping up as a leader in the global digital economy<\/strong>.<\/p>\n

Source: CoinDesk<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Las Vegas, Nevada – May 28, 2025 — In a groundbreaking announcement at the Bitcoin 2025 conference in Las Vegas, Pakistan’s Minister of State for Blockchain and Crypto, Bilal Bin Saqib, unveiled an ambitious national strategy to establish a Strategic Bitcoin Reserve and allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers. […]<\/p>\n","protected":false},"author":1,"featured_media":5041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1305],"tags":[],"class_list":["post","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t