🇵🇰 Pakistan's Bold Move Toward Bitcoin – Strategic Reserve & Mining Power Allocation

June 2025 – Major Crypto Developments in Pakistan:
Pakistan has made headlines by officially announcing its first-ever strategic Bitcoin reserve, signaling a major policy shift toward crypto adoption — but with caution. Bitcoin Reserve for Long-Term Holding
The Pakistani government has decided to hold Bitcoin as a strategic reserve asset, similar to how countries hold gold or foreign currency reserves. Notably, this reserve is intended for long-term holding, not for selling, reflecting confidence in Bitcoin’s long-term value.
⚡ Energy Allocation for Crypto & AI
In a significant move, the government has allocated 2,000 megawatts of electricity specifically for:
Bitcoin mining operations
AI-focused data centers
This initiative aims to:
Attract foreign investment
Create high-tech job opportunities
Build infrastructure for emerging digital industries
Crypto Trading Still Banned – For Now
Despite these positive steps:
The State Bank of Pakistan (SBP) and Ministry of Finance have confirmed that retail crypto trading remains banned.
However, crypto is not illegal — the SBP clarified that the 2018 ban was only on banks dealing with crypto, due to the lack of regulatory frameworks.
🏛️ Upcoming Regulatory Meeting – June 2, 2025
A crucial meeting is scheduled on June 2 to discuss the establishment of a new crypto oversight body: PVARA (Pakistan Virtual Asset Regulatory Authority).
This body would:
Create clear crypto regulations
Potentially open doors for future legal crypto trading
Set standards for investor protection and market transparency
⚠️ Public Backlash Over Energy Use
While these steps have been welcomed by the tech community, there’s rising public criticism over the decision to allocate electricity to mining, especially amid ongoing national power shortages affecting daily life in many areas.
🧠 What This Means
Pakistan is taking a dual-track approach:
1. Building crypto infrastructure and reserves
2. Holding off on public trading until proper regulations are in place
This signals a shift toward a regulated, state-controlled crypto future, where Bitcoin could become a long-term national asset.
Stay tuned for the June 2 regulatory update. Big changes could be coming soon for Pakistan’s crypto space.