PANews reported on May 29 that according to Cointelegraph, Bilal Bin Saqib, chairman of the Pakistan Cryptography Committee, announced at the "Bitcoin 2025" conference in Las Vegas on May 28 that the country will establish a government-led strategic reserve of Bitcoin. This move marks a major shift in the Pakistani government's stance on cryptocurrencies, after the country made it clear that it would never legalize cryptocurrencies.

Saqib said Pakistan was inspired by US policy to take this action. In February 2025, the government established the "National Cryptography Committee" to explore the regulatory framework, and in May announced the allocation of 2,000 megawatts of excess electricity for Bitcoin mining and high-performance computing data centers. Binance co-founder Zhao Changpeng serves as an advisor to the committee. On April 27, Trump's World Liberty Financial (WLFI) signed a letter of intent with Pakistan to assist the country in tokenizing real assets and building a DeFi architecture. In May, the Pakistani Ministry of Finance also established a new "Digital Asset Management Bureau" to supervise encryption platforms and issue operating licenses.