PANews reported on July 17 that Pakistan's Crypto Minister Bilal Bin Saqib recently met with Salvadoran President Nayib Bukele to discuss Bitcoin adoption strategies and signed a letter of intent for cooperation in the crypto field. It is reported that the agreement was signed by the Salvadoran Bitcoin Office and the Pakistan Crypto Commission to establish a Bitcoin-related cooperation framework, focusing on public sector adoption, blockchain-driven financial inclusion, and policy formulation adapted to emerging economies.

El Salvador currently holds more than 6,240 bitcoins, worth approximately US$740 million. Although its Bitcoin policy has been questioned by the International Monetary Fund (IMF), it is still firmly moving forward.