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Crypto

Pakistan Establishes Crypto Council, Partners with Bitcoin Pioneer Michael Saylor

Maisie MorrisonBy Maisie MorrisonJune 16, 2025No Comments4 Mins Read
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TLDR

Contents

  • TLDR
  • Pakistan’s Crypto Transformation
  • Global Positioning and Future Plans
  • Michael Saylor met with Pakistan’s finance and crypto ministers to discuss Bitcoin as a reserve asset
  • Saylor welcomed the opportunity to advise Pakistan on its crypto ambitions
  • Pakistan has established a Crypto Council and is drafting legal frameworks for digital assets
  • The country aims to lead the Global South in crypto adoption and innovation
  • Strategy (formerly MicroStrategy) holds 582,000 BTC worth over $61 billion

Pakistan is making major moves in the cryptocurrency space, with American entrepreneur Michael Saylor, executive chair of Strategy (formerly MicroStrategy), now joining as an adviser to help guide the country’s crypto ambitions. The news comes as Pakistan establishes itself as an emerging player in the global digital asset landscape.

Saylor met with Pakistan Finance Minister Muhammad Aurangzeb and State Minister for Blockchain and Crypto Bilal Bin Saqib on Sunday, June 15, 2025. During the meeting, they discussed how Bitcoin can function as a tool for sovereign reserves and long-term digital economic transformation.

In a video posted to social media by a Finance Ministry official, Saylor expressed confidence in Pakistan’s potential. “Pakistan has many brilliant people and a lot of people do business with you,” he said, using his Bitcoin-buying company as an example of how the country can show “intellectual leadership.”

Strategy, under Saylor’s leadership, currently holds the largest Bitcoin reserves among public companies, with 582,000 BTC worth over $61 billion according to Bitbo. The company has sold billions in debt and shares to fund its Bitcoin purchases, seeing its share price soar more than 3,000% since its first Bitcoin buy in mid-2020.

The Bitcoin pioneer told Pakistani officials that markets gave him billions “because they trust us,” emphasizing that “the most important thing is leadership, intellectual leadership, and that they trust you.” He suggested that if the world trusts Pakistan’s vision, “the capital and the capability will flow to Pakistan.”

Pakistan’s Crypto Transformation

Pakistan has recently shifted to become more crypto-friendly, establishing the Pakistan Crypto Council (PCC) in March 2025. The government also set up a cryptocurrency authority last month to regulate digital assets, while Minister Saqib has announced plans to create a Bitcoin reserve.

The PCC, with Saqib as CEO, is playing a key role in shaping the country’s crypto future. Earlier this month, on June 6, the government-backed council presented a draft legal framework for digital assets, which the Finance Ministry has agreed to fast-track for approval.

Bitcoin pioneer Michael Saylor met with Finance Minister Muhammad Aurangzeb & Minister of State for Crypto Bilal Bin Saqib to discuss using #Bitcoin for national reserves & digital transformation.
Saylor praised Pakistan’s bold vision:
“Emerging markets like Pakistan have a… pic.twitter.com/wMrKWrX9Wn

— Hamid Raza Wattoo (@hamidwattoo) June 15, 2025

Saqib, who also serves as an adviser to World Liberty Financial (a crypto platform linked to US President Donald Trump and his family), drew inspiration from Saylor’s business model. “If private individuals can build that in the US, why can’t Pakistan, as a nation, do the same?” he asked. “We have the talent, the story, and the energy.”

Finance Minister Aurangzeb stated that Pakistan “aspires to lead the Global South in the development and adoption of digital assets,” referring to nations typically regarded as having lower levels of economic development. This vision positions Pakistan as a potential pioneer among emerging markets in the crypto space.

Global Positioning and Future Plans

The meeting with Saylor was described as a “milestone in Pakistan’s effort to build a robust digital assets policy framework” and present the country as a “Web3 and Bitcoin-ready emerging market,” according to a statement from Saqib’s office.

Saylor praised Pakistan’s “forward-looking, innovation-friendly stance in the global digital economy” and expressed enthusiasm about supporting the country’s crypto initiatives. “Bitcoin is the strongest asset for long-term national resilience,” he noted. “Emerging markets like Pakistan have a once-in-a-generation opportunity to leapfrog into the future of finance.”

The collaboration with Saylor comes as Pakistan works to position itself not just as a follower but as a trendsetter in the cryptocurrency economy. With the establishment of regulatory frameworks and the backing of key industry figures, the country appears to be taking concrete steps toward integrating blockchain technology and digital assets into its financial landscape.

The dialogue between Saylor and Pakistani officials represents another step forward in the country’s efforts to attract global institutional interest in its crypto initiatives and establish itself as a leader in digital finance innovation among emerging markets.

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Maisie Morrison

Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com & Coincentral.com

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