According to CoinNess, chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib made the statement at the Bitcoin Asia 2026 conference in Hong Kong, that Pakistan is building a strategic Bitcoin reserve. He said they are preparing for the future and that other countries are recognizing Bitcoin ($BTC ) as a strategic asset. It will be initially funded with seized digital assets already in state custody and backed by 2,000 MW of surplus electricity allocated for Bitcoin Mining. The country aims to avoid falling behind in technological revolutions, as it did in the past.
Pakistan's Finance Secretart has noted that there is no formal legal framework currently exist yet for a national Bitcoin reserve, meaning the project currently sits in a regulatory gray zone.
Since the creation of the U.S Strategic Bitcoin Reserve by executive order in 2025, many countries and financial institutions are increasingly recognizing Bitcoin ($BTC ) as a scarce, strategic asset, rather than just a speculative investment.
#StrategicReserve #Bitcoin #Write2Earn #Pakistan
Pakistan's Finance Secretart has noted that there is no formal legal framework currently exist yet for a national Bitcoin reserve, meaning the project currently sits in a regulatory gray zone.
Since the creation of the U.S Strategic Bitcoin Reserve by executive order in 2025, many countries and financial institutions are increasingly recognizing Bitcoin ($BTC ) as a scarce, strategic asset, rather than just a speculative investment.
#StrategicReserve #Bitcoin #Write2Earn #Pakistan