Pakistan government announces plans to establish a strategic Bitcoin reserve and allocate 2000 megawatts of electricity for Bitcoin mining operations.
Inspired by the US, Pakistan's Bitcoin reserve strategy involves holding the bitcoins without intending to sell for speculation.
Minister Bin Saqib underlines Pakistan's focus on fostering a domestic Bitcoin mining industry and inviting global players in the crypto sector.
Pakistan sees crypto adoption as a way to empower its unbanked population and aims for further development in tokenizing national assets and digital identification systems.