Pakistani faucet Saylor formulates sovereign Bitcoin policy
Pakistan’s sprint against state-level Bitcoin strategy has attracted a new influential ally. On Sunday, June 15, the turn from entrepreneur to – currency evangelical missionary Michael Saylor held a video conference with Finance Minister Muhammad Aurangzeb, where blockchain and crypto Bilpto bilal bin Saqib explores how the world’s oldest cryptocurrency is located among the country’s sovereign residents. The Ministry of Finance described the conversation as a “mile” in Pakistan’s digital data agenda, while Saylor’s corporate strategy has the world’s largest company, Bitcoin Treasury, and proposed to continue with “advisory capabilities.”
Michael Saylor joins Pakistan’s Bitcoin Hub
According to a news report by local media Dawn, the discussion center discusses whether Bitcoin can support currency resilience in an economy that has long relied on dollar liquidity and IMF payment balances. Saylor believes that turning mid-sized software vendors into a $100 billion Bitcoin exposure market, boxing assets is “the strongest tool for long-term national resilience.” He argued that Pakistan could seize “generation-by-generation opportunities to transcend the financial future” in response to his argument that digital scarcity is an antidote to Fiat’s derogatory.
The video feed was later released to X by head of financial media Hamid Raza Wattoo and was widely circulated by cryptocurrencies, capturing Saylor, linking capital flows to reputation credibility. “The most important thing is leadership – knowledge leadership – they believe in you,” he told Auranteb and Sachib. “If the world trusts you, they hear you…the capital and capability will flow to Pakistan. It is there; it wants to find a home.” He said, “I look forward to working with you.”
Aurangzeb, head of the newly formed Pakistan Crypto Commission (PCC), replied that Islamabad “has eager to lead the global South to develop and adopt digital assets to set the benchmark for innovation, regulation and inclusive growth.” Saqib said Saylor’s trajectory proves that Bitcoin now has a “sovereign level” state. “If private people can establish this in the United States, why can’t Pakistan as a country do that, either? We have talent, story and energy.”
Saylor’s reputation in the position is based on the strategy-based 582,000-Bitcoin Cache, currently worth approximately $6.1 billion, and has been provided through continuous equity and debt since 2020. The PCC, launched in March, has established a technical committee, a technical committee for a digital information bill and is in coordination with the National Bank of Pakistan, the U.S. Securities and Exchange Commission and the Financial Action Task Force. Parallel legislation will create Pakistan Virtual Assets Regulatory Agency (PVARA) as an umbrella regulator.
However, the legal landscape remains controversial. Only two weeks ago, senior NAB officials reminded lawmakers that “cryptocurrencies are still banned” under existing directives and that law enforcement cases are being forwarded to law enforcement agencies. The juxtaposition of the official Bitcoin reserves and the De Jure ban has produced the dawn featured by a “chaotic policy.”
Pakistan’s political leadership has still accelerated its operational plans. In late May, Sachib revealed the state-managed Bitcoin cold wallet at the Bitcoin 2025 conference in Las Vegas and received a secured cabinet approval to use 2,000 megawatts of surplus power for Bitcoin mining and AI data center workloads. In Islamabad, the aspiring energy policy as a way to generate monetization capabilities, while building strategic inventory of BTC, which theoretically diversifies the current external reserves dominated by the US dollar and gold.
Saylor’s expected consulting activities have not yet been formalized, and neither party has disclosed whether the strategy will adopt commercial shares. However, the meeting emphasized that Pakistan not only wants to import technology, but also intends to import intellectual capital. Saqib is a fresher from the U.S. roadshow, which includes talks with New York City Mayor Eric Adams and the New York Crypto Commission, noting: “Pakistan is establishing itself as a key player in the global crypto economy and setting trends rather than following them.”
At present, the biggest obstacle remains regulatory coherence. Sovereign Bitcoin reserves, ministerial propaganda and Sail’s star power have leaped Pakistan into a global focus, but a statutory framework acceptable to both domestic regulators and the IMF will determine whether the country can turn momentum into lasting policies.
At press time, BTC traded at $106,613.
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