Pakistan Gains Strategic Importance in U.S. Through Crypto Diplomacy: Financial Times

Islamabad: Pakistan’s innovative crypto diplomacy has elevated its recognition and investment potential in Washington, according to a report by the *Financial Times*. The report highlights how strategic initiatives led by Field Marshal Syed Asim Munir have brought Pakistan into a more favorable light in U.S. policymaking and business circles.
Michael Kugelman, a non-resident senior fellow at the Asia Pacific Foundation, noted an unexpected improvement and renewed momentum in U.S.-Pakistan relations. The *Financial Times* also reported that under the Trump administration, ties with Islamabad are strengthening—prompting concern in New Delhi.
Through targeted crypto diplomacy, Pakistan has gained traction within influential business circles tied to former President Donald Trump. One of the key developments includes the signing of a Letter of Intent between World Liberty Financial and the Pakistan Crypto Council. This agreement signals growing U.S. interest in tokenizing Pakistan’s vast mineral wealth, estimated to be worth trillions of dollars.
Bilal Bin Saqib, Pakistan’s Minister of State for Crypto and Blockchain, participated in high-level trade negotiations in Washington, where Pakistan’s crypto potential was effectively showcased to Trump’s inner business circles and senior U.S. advisors.
The country’s blockchain initiatives have received appreciation in Washington, significantly enhancing investment opportunities and strategic partnerships in the emerging tech and finance sectors.