Pakistan Aims to Lead Global South in Virtual Assets Strategy

• The CEO of Pakistan Crypto Council had a meeting with the Executive Director of the US President’s Council of Advisers for Virtual Assets
• The meeting revolved around strengthening the bilateral engagement on cryptocurrency strategy and blockchain amalgamation between the two countries.

A prominent lawmaker from Pakistan publicized on June 4 that the nation is targeting to become the Global South’s leader in virtual assets. The publicization was made at the time of the meeting with his American counterpart at the White House in Washington

The Chief Executive Officer of Pakistan Crypto Council, Bilal Bin Saqib, had a meeting with the Executive Director of the US President’s Council of Advisers for Virtual Assets, Robert Bo Hines

The meeting revolved around strengthening the bilateral engagement on cryptocurrency strategy and blockchain amalgamation between the two countries. The Pakistan government set up a dedicated Crypto Council in March to guide national policy on blockchain, virtual currencies, and crypto-associated investments

Also, at the Bitcoin 2025 Conference in Las Vegas, the country publicized a Strategic Bitcoin Reserve. This measure positioned Pakistan as one of the first Asian countries to amalgamate Bitcoin into its sovereign asset strategy

The government has also planned to set up an autonomous regulatory body to look after the digital finance and crypto ecosystem. A statement was circulated after the meeting that mentioned Saqib’s statements, noting, “I see Pakistan to be a leader in the Global South for virtual assets.”

The Race To Place Oneself As a Prominent Player in The Industry

The meeting revolved around the discussions of aligning national strategies with decentralized technologies, encouraging regulatory coherence, and developing innovation systems to promote youth engagement and financial inclusion

Saqib also attended a separate meeting, including officials from the White House Counsel’s Office, to talk over legal frameworks around blockchain governance. The wider digital asset strategy of the country amalgamates allotting 2,000 megawatts of surplus power to back Bitcoin mining and AI-driven data zones

It has a target to change untapped energy to economic productivity, job creation, and virtual infrastructure growth. As regulatory frameworks are evolving rapidly around the world, Pakistan is also participating actively in amalgamating private sector innovation with state policy and international collaborations.

With this, it will place itself as a prominent player in the next phase of the global digital economy

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