Pakistan’s crypto ambitions have gained significant momentum with the backing of a major industry name—MicroStrategy Executive Chairman Michael Saylor.
In a high-level meeting on Sunday with Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib, Saylor praised Pakistan’s efforts to embrace digital assets, according to a press release cited by local outlet Dawn.
The discussion reportedly centered around the potential use of Bitcoin (BTC) as part of the country’s state reserves, as well as broader strategies for crypto policy development.
Saylor Offers to Advise Pakistan on Its Crypto Strategy
Saylor, known for being one of Bitcoin’s most prominent institutional advocates, expressed interest in formally advising the government on its crypto pivot.
His support marks a significant endorsement, potentially boosting investor confidence in Pakistan’s evolving stance toward digital currencies. This comes at a time when the country is seeking innovative solutions to stabilize its economy and attract foreign investment.
The involvement of key figures like Saylor signals that Pakistan is positioning itself to become a more active player in the global digital asset landscape.
With policy reforms and strategic partnerships, the country could emerge as a regional hub for blockchain innovation—provided it successfully balances regulation with innovation and addresses financial stability concerns.
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Pakistan Sets Up National Crypto Authority to Regulate Digital Assets
Pakistan is taking a more crypto-friendly stance, marked by the establishment of a national crypto authority last month to regulate digital assets.
The move signals a broader shift in policy, with State Minister Bilal Bin Saqib also announcing plans to create a national Bitcoin reserve. During a recent meeting with Finance Minister Muhammad Aurangzeb and Saqib, MicroStrategy Executive Chairman Michael Saylor praised the country’s direction.
He emphasized that trust and strong leadership are key to attracting capital, noting that markets gave him billions of dollars “because they trust us.”
Saylor added that intellectual leadership and public trust will be vital for Pakistan’s success in the crypto space, as the country works to position itself as a serious player in the global digital economy.
Pakistan Crypto Council Submits Draft Framework to Regulate Digital Assets
On June 6, Pakistan’s government-backed Pakistan Crypto Council submitted a draft legal framework for regulating digital assets, marking a key step in the country’s crypto pivot.
The Finance Ministry responded positively, agreeing to fast-track the approval process. The council, formed in March, is led by Bilal Bin Saqib, who also serves as CEO.
Saqib plays a central role in shaping the country’s crypto policy and is also an adviser to World Liberty Financial—a crypto platform linked to U.S. President Donald Trump and his family.
His dual roles reflect growing international ties in Pakistan’s crypto push. The fast-tracked framework aims to provide regulatory clarity and attract investment, positioning Pakistan as a serious player in the global digital asset space.
