A crypto advisor to the Pakistani government announced Wednesday that the country will launch a strategic Bitcoin reserve.
Speaking at the Bitcoin 2025 conference in Las Vegas, Bilal Bin Saqib, the newly appointed special assistant to the prime minister on blockchain and cryptocurrency, said that Pakistan's government is "setting up its own Bitcoin strategic reserve."
"We are getting inspired by [the U.S. government]," the crypto-centric minister of state added.
Earlier this year, President Donald Trump signed an executive order paving the way for a U.S. strategic Bitcoin reserve.
Editor's note: This is a breaking news story and will be updated.
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