Islamabad( The COW News Digital)Pakistan has made a landmark entry into the global cryptocurrency arena by creating its first-ever “Bitcoin Strategic Reserve,” validating the long-standing predictions of Minister of State for Crypto and Blockchain Bilal bin Saqib.
Bilal bin Saqib, who in 2018 forecast the rise of digital assets and their importance in global economic frameworks, is now witnessing those predictions materialize as Pakistan positions itself among nations building proactive crypto strategies.
The establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA) has been described as a pivotal step for the country’s digital economy. It aims to provide a regulatory framework, encourage innovation, and protect investors while integrating Pakistan into the global crypto governance model.
Speaking on the development, Bilal bin Saqib said Pakistan should no longer be seen as a passive recipient in global finance but as an active builder of new digital ecosystems. “Pakistan today is like a hidden treasure, whose true power will reveal itself in the near future. Crypto diplomacy has introduced Pakistan not as a receiver, but as a builder in the international market,” he noted.
According to the Financial Times, Pakistan’s move is being closely watched worldwide as the Bitcoin reserve strategy gains recognition. Analysts describe it as a bold and “revolutionary” step that could help stabilize national reserves, diversify economic risks, and open the country to new avenues of foreign investment.
The initiative is also seen as part of Pakistan’s broader effort to modernize its financial system, integrate blockchain solutions into governance, and leverage digital assets for macroeconomic resilience. Experts believe this could help reduce dependency on traditional lenders, including the IMF and World Bank, by gradually building a parallel digital economy capable of supporting fiscal needs.
International observers note that Pakistan’s strategy aligns with growing global momentum, as several countries explore central bank digital currencies (CBDCs) and sovereign crypto reserves. By entering this space early, Pakistan may carve out a strategic advantage in shaping the rules of future crypto governance.
While challenges such as regulatory risks, market volatility, and security threats remain, Pakistan’s leadership in crypto diplomacy is being hailed as a defining shift in its economic trajectory. The launch of the Bitcoin reserve not only validates Bilal bin Saqib’s foresight but also positions Pakistan as an emerging player in the digital financial order.
