Pakistani officials maintained discussions this week with the American billionaire and defender of Bitcoin Michael Saylor about the potential use of digital currencies to strengthen the financial resistance and digital economy of Pakistan, according to a statement published on Sunday.
The conversations were held between Saylor and the Minister of Finance, Muhammad Aurengzeb, together with the Minister of State for Crypto and Blockchain Bin Saqib. According to reports, the meeting focused on the possible inclusion of Bitcoin in the sovereign reserves of Pakistan and his role in future monetary policy. Discussions occur when Pakistan increases their efforts to regulate digital assets.
“Pakistan aspires to lead the global south in the development and adoption of digital assets, establishing a reference point for innovation, regulation and inclusive growth,” said Aurengzeb, who also presides over the PCC.
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Saylor, one of the most prominent corporate investors in Bitcoin, welcomed the Pakistan initiative and praised what he called the “clarity and commitment” of the country to foster a digital economy with a vision of the future. “Bitcoin is the strongest asset for national long -term resilience,” he said, according to the statement.
He added that emerging markets such as Pakistan will benefit from the early adoption of blockchain -based finance. Saylor also expressed his willingness to provide advice support as Pakistan advances with his digital asset agenda.
Saylor’s company, Strategy (previously Microstrategy), is the largest corporate head of Bitcoin worldwide, with more than 582,000 BTC, according to reports, more than $ 62 billion are worth. The market capitalization of the company has increased significantly since Bitcoin adopted as a treasure asset in 2020.
Read too: Pakistan launches the first Bitcoin strategic reserve backed by the government
The officials indicated that more consultations are planned with world stakeholders as Pakistan continues to develop a comprehensive digital financial ecosystem under the supervision of newly trained regulatory organisms.
In March, the Government formed the Crypto Council of Pakistan (PCC) to formulate a legal framework for cryptocurrency trade and attract foreign investments. A month later, he introduced the country’s first policy for virtual assets, aligning it with global standards against money laundering and financial transparency established by the Financial Action Task Force (FATF).
In May, the Federal Cabinet approved the establishment of the Virtual Assets Regulatory Authority of Pakistan (PVARA), a specialized body to regulate blockchain -based infrastructure. Almost at the same time, Pakistan also announced the creation of his first Bitcoin strategic reserve backed by the government, presented at the Bitcoin 2025 conference in Las Vegas.
