President Nayib Bukele of El Salvador hosted Pakistan’s Minister of Crypto, Bilal Bin Saqib, for a gathering targeted on increasing world Bitcoin collaboration.
Based on an official statement, the 2 leaders mentioned three main matters: Bitcoin mining and power sources, the creation of strategic Bitcoin reserves, and advancing Bitcoin training of their respective nations.
El Salvador made history in 2021 by turning into the primary nation to declare Bitcoin authorized tender. Since then, the nation has launched a state-run “Bitcoin piggy financial institution” holding over 6,240 BTC, price greater than $400 million. They’ve mined a further $29 million in Bitcoin using geothermal energy from the Tecapa volcano—one of many world’s few government-run inexperienced mining operations.
Past its monetary holdings, El Salvador can be investing within the subsequent technology. In April of this yr, the Ministry of Training introduced a nationwide rollout of a Bitcoin-focused curriculum titled “What Is Cash?”, concentrating on college students aged 7–13. It’s a part of a push that features the Mi Primer Bitcoin program and the CUBO+ university-level scholarship initiative.
In the meantime, Pakistan has undergone a coverage shift. In March, the nation announced plans to legalize Bitcoin and crypto and set up a regulatory framework to draw world funding. “Pakistan is finished sitting on the sidelines,” stated Saqib. “We need to entice worldwide funding as a result of Pakistan is a low-cost, high-growth market with 60% of the inhabitants beneath 30.”
Simply weeks earlier than as we speak’s assembly, Pakistan’s Finance Minister Muhammad Aurangzeb and Saqib held a high-profile conversation with Technique Govt Chairman Michael Saylor. The dialogue centered on how Bitcoin may play a transformative function in Pakistan’s financial system.
Pakistan additionally lately announced plans to make the most of surplus electrical energy for Bitcoin mining and AI knowledge facilities—positioning itself as a brand new hub for digital infrastructure. The nation lately appointed Binance founder Changpeng Zhao as a strategic crypto advisor and has entered talks with a number of mining corporations.
Through the 2025 Bitcoin Convention in Las Vegas, Saqib made headlines by declaring:
“At this time, I’ll announce that the Pakistan authorities is establishing their very own government-led Bitcoin strategic reserve… and this pockets, the nationwide Bitcoin pockets. It’s not for hypothesis or hype. We might be holding this Bitcoin and we are going to by no means ever promote them.”
