Pakistan Takes a Major Leap in Crypto, Leaving India Behind

Islamabad: Pakistan has taken a significant step forward in the world of cryptocurrency by establishing its own “Strategic Bitcoin Reserve”, marking a milestone in the country’s adoption of blockchain technology. This move, reportedly supported by the government, positions Pakistan ahead of regional rival India, which continues to delay firm action on crypto regulation.
Bilal Bin Saqib, the Prime Minister’s Special Assistant on Crypto and Blockchain and CEO of the Pakistan Crypto Council, confirmed that Pakistan is no longer just experimenting with crypto—it is entering the space with full commitment. He noted that the reserve was established just three months after a similar initiative in the United States.
“In contrast, India has only made promises,” said Bin Saqib. “Despite years of discussions around a national crypto policy paper, no substantial progress has been seen. Their latest target date is June 2025, which keeps approaching but never seems to arrive. It’s starting to feel like something out of a satirical poem.”
He added that Pakistan, once perceived as trailing behind in the tech space, is now aspiring to lead in innovation. “We are undergoing a rebirth as a nation—ready to claim a new identity on the global stage.”
With this strategic move, Pakistan signals its readiness to be a key player in the emerging digital economy, setting a precedent for innovation-driven national policy in South Asia.