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Pakistan launches government-backed Bitcoin reserve and earmarks power for mining

Inspired by a parallel US policy, the reserve seeks to channel digital assets into Pakistan’s economic recovery under a framework experts warn could enable illicit flows.

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Overview

  • Pakistan, home to more than 40 million crypto wallets, announced its first Strategic Bitcoin Reserve at the Bitcoin2025 conference in Las Vegas, pledging that the assets will never be sold.
  • The government has allocated 2,000 megawatts of surplus electricity for bitcoin mining operations and AI data centers to generate revenue, create jobs and attract foreign investment.
  • Islamabad partnered with World Liberty Financial, a US-based firm linked to the Trump family, to accelerate blockchain innovation and tokenization of national assets.
  • Special Assistant to the Prime Minister Bilal Bin Saqib was charged with crafting a FATF-compliant regulatory framework and overseeing Pakistan’s digital asset strategy.
  • Observers caution that Pakistan’s financial opacity and ongoing FATF greylisting risk exposing its crypto expansion to money laundering and other illicit cross-border flows.