Michael Saylor, Executive Chairman of MicroStrategy, has engaged with top Pakistani officials including Finance Minister Muhammad Aurangzeb and Minister of State for Crypto Bilal Bin Saqib to discuss the integration of Bitcoin into Pakistan’s sovereign reserves and monetary policy. The meeting marks a significant step as Pakistan accelerates its ambition to become a leader in digital assets within the Global South.
Pakistan recently established the Pakistan Crypto Council and the Pakistan Virtual Assets Regulatory Authority to develop a legal framework and regulatory oversight aligned with FATF standards. These institutions support the government's strategic vision to embed blockchain technology into its financial systems and enhance economic resilience.
Saylor praised Pakistan’s clarity and commitment to crypto innovation, highlighting the country’s intellectual leadership and potential role in global adoption. Alongside Saylor, notable figures such as Binance founder Changpeng Zhao have been appointed as strategic advisors to the council, adding global credibility to the initiative. The engagement also includes support from influential U.S. political and financial actors connected to former President Donald Trump, further reinforcing the initiative’s stature.
Pakistan’s approach is characterized by a strong regulatory framework and a cautious, structured implementation of digital assets, differing from countries like El Salvador by emphasizing regulation and national reserves. Experts foresee that the move could provide long-term monetary resilience and stimulate economic growth while contributing to Pakistan’s positioning as a digital economic innovator.