Pakistan, Bitcoin strategy reserve declaration…Complete reversal of existing policy

The Government of Pakistan has formalized its stance to stockpile Bitcoin as a strategic asset. According to Cointelegraph, Bilal Bin Saqib, an advisor to World Liberty Financial (WLFI) and special assistant to the Prime Minister of Pakistan for Blockchain and Cryptocurrency, mentioned this plan at the site of the ‘Bitcoin 2025 Conference’ citing the example of the United States.

This announcement marks a complete shift from the previous policy of the Government of Pakistan, which had declared it would never legalize cryptocurrency, attracting international attention. Saqib emphasized, "The Bitcoin stockpiled will never be sold," which is interpreted as a statement clarifying a long-term hold strategy.

However, the Government of Pakistan has not specifically disclosed the scale of Bitcoin it plans to purchase or the method of acquisition. This decision is the first attempt by Pakistan to recognize digital assets as national strategic assets like foreign exchange and gold, and similar trends may be promoted among Middle Eastern and developing countries in the future.