A digital asset
investment fund
Viska is an alternative investment fund based in Iceland that invests in digital assets.
Viska is an alternative investment fund based in Iceland that invests in digital assets.
Pakistan has recently taken a major step into the digital asset space with the creation of a government-led Strategic Bitcoin Reserve. The initiative was announced by Bilal Bin Saqib, CEO of the Pakistan Crypto Council and Special Assistant to the Prime Minister on Blockchain and Crypto, at the Bitcoin 2025 conference in Las Vegas.
Bilal Bin Saqib cited an article on his appointment to his new position on X as of 28.5.25, expressing optimism for the future and the youth of his country with this new step towards embracing digital assets.
The country plans to launch a national Bitcoin wallet that will hold BTC indefinitely. According to Saqib, the holdings are not for trading or speculation, but will serve as a long-term reserve to signal Pakistan’s support for decentralized finance.
This marks a major shift from the country’s previous stance, where cryptocurrencies were largely unregulated or discouraged. Now, the government is actively developing a national strategy around Bitcoin and blockchain infrastructure.
To support this plan, Pakistan will allocate 2,000 megawatts of surplus electricity to Bitcoin mining and AI data centers. The government aims to use its unused power capacity to grow high-tech industries, create jobs, and attract investment.
Above-mentioned information reported by Reuters as of 25.5.25
This would turn a national energy surplus into a productive tool for economic development, especially in the technology sector.
Pakistan ranks highly within the Global Crypto Adoption Index from 2024 with an overall index ranking of 9 among other countries in the report.
The government is also setting up the Pakistan Digital Assets Authority (PDAA) to oversee blockchain-based infrastructure and digital finance. The PDAA will ensure compliance with global standards, including those set by the Financial Action Task Force (FATF).
This new body will formalize crypto-related activity in Pakistan, help protect investors, and encourage responsible growth of the digital asset industry.
With one of the world’s largest populations of freelancers and over 40 million crypto wallets, Pakistan is home to a growing digital native population. All of this new activity in the region is meant to unlock this potential and create new economic opportunities through blockchain technology.
Pakistan’s Strategic Bitcoin Reserve is yet another example of a country that has shifted towards embracing digital assets at the national level. With plans for mining, regulation, and long-term Bitcoin holdings, the country is laying the foundation for a modern, crypto-friendly economy.
Follow us on LinkedIn to receive push notifications on our latest posts.
