What happened?
Pakistan’s Minister of State for Crypto and Blockchain, Bilal bin Saqib, met Patrick Witt, a US crypto adviser, at the White House to discuss deeper cooperation on crypto and blockchain. He’s been pushing Pakistan’s crypto agenda globally, including talks at the UN and meetings with other countries like Kazakhstan. Pakistan has also announced a Bitcoin Strategic Reserve and is openly calling for international discussions, even suggesting a UN resolution on Bitcoin.
Who does this affect?
This matters most to the tens of millions of Pakistanis already using crypto for remittances and everyday finance, who could see faster, cheaper services if cooperation follows through. It also affects institutional investors, exchanges, and regulators who’ll need to respond to policy alignment between Pakistan and the US. Finally, it matters to other emerging markets watching Pakistan’s playbook for scaling digital asset use and building public crypto reserves.
Why does this matter?
Greater US‑Pakistan crypto cooperation and Pakistan’s Bitcoin reserve could legitimize digital assets and encourage more institutional and retail adoption, lifting market confidence. If Pakistan’s moves prompt clearer international rules or a UN discussion, that could reduce regulatory uncertainty and attract capital into crypto, potentially supporting prices. At the same time, a sovereign reserve and policy alignment risk shifting flows and liquidity, so markets should watch for increased demand and changing custody or compliance trends.