Pakistani officials held discussions this week with US billionaire and Bitcoin lawyer Michael Saylor on the potential use of digital currencies to strengthen Pakistan’s economic resilience and digital economy, according to a statement published on Sunday.
The negotiations were held between Saylor and Finance Minister Muhammad Aurangzeb with the Prime Minister of Krypto and Blockchain Bilal bin Saqib. The meeting allegedly focused on the possible inclusion of Bitcoin in Pakistan’s sovereign reserves and its role in future monetary policy. Discussions come when Pakistan steps up with his efforts to regulate digital assets.
“Pakistan strives to lead the global south into the development and adoption of digital assets that set a benchmark for innovation, regulation and inclusive growth,” Aurangzeb, also chairman of the PCC, was quoted as saying.
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Saylor, one of the most prominent business investors in Bitcoin, welcomed Pakistan’s initiative and praised what he called the country’s “clarity and commitment” to promote a forward digital economy. “Bitcoin is the strongest asset for long -term national resilience,” he said, according to the statement.
He added that new markets like Pakistan are taking advantage of early adoption of blockchain-based financing. Saylor also expressed his willingness to provide advisory support as Pakistan moves forward with his digital Aktivagenda.
Saylor’s Company, Strategy (formerly Microstratey), is the largest business owner of Bitcoin globally with over 582,000 BTC reportedly worth more than $ 62 billion. The company’s market value has increased significantly since he adopted Bitcoin as a Treasury asset in 2020.
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Officials stated that further consultations with global stakeholders are planned as Pakistan continues to develop an extensive digital economic ecosystem under the supervision of newly created regulatory bodies.
In March, the government formed Pakistan Crypto Council (PCC) to formulate a legal framework for trade in cryptocurrency and attract foreign investment. A month later, it introduced the country’s first policy of virtual assets that adapted it to global anti-money-white laundering and economic transparency standards set by Financial Action Task Force (FATF).
In May, the federal cabinet approved the creation of Pakistan Virtual Assets Regulatory Authority (Pvara) -T specialized organ to regulate blockchain-based infrastructure. Around the same time, Pakistan also announced the creation of its first government-backed strategic Bitcoin reserve, which was revealed at the Bitcoin 2025 conference in Las Vegas.
