Saylor Guides Pakistan's Bitcoin Strategy Amid Crypto Shift


Saylor Guides Pakistan's Bitcoin Strategy Amid Crypto Shift
Image source: CoinToday
- Michael Saylor met with Pakistani officials to discuss Bitcoin adoption. - They discussed integrating Bitcoin into Pakistan’s economic framework. On June 16, 2025, Cointelegraph reported that Michael Saylor, CEO of Strategy, met with Pakistani officials on June 15. Saylor aimed to support the country's efforts to adopt and integrate Bitcoin and other digital assets into its economic framework. The report further specified that Saylor met in Islamabad with Pakistan's Finance Minister Muhammad Aurangzeb and State Minister on Blockchain and Crypto Bilal Bin Saqib. During the meeting on June 15, Saylor and the officials discussed how Bitcoin could function within Pakistan’s state reserves and also covered the country’s planned cryptocurrency policies. Saylor welcomed the opportunity to act as an advisor. On June 15, Michael Saylor, CEO of Strategy, stated during the meeting with Pakistani officials, “Pakistan has ‘many brilliant people’ and could demonstrate ‘intellectual leadership’ by effectively adopting Bitcoin.” He also highlighted Strategy's significant Bitcoin holdings as an example for Pakistan. Furthermore, on June 15, Michael Saylor, CEO of Strategy, reportedly stated during the meeting, “if the world trusts Pakistan's leadership and clarity on its crypto vision, ‘the capital and the capability will flow to Pakistan.’” On June 16, the office of State Minister on Blockchain and Crypto Bilal Bin Saqib, in a statement, described the talks with Saylor as a “milestone in Pakistan’s effort to build a robust digital assets policy framework.” The office added, “these discussions help position Pakistan as a ‘Web3 and Bitcoin-ready emerging market.’” On June 15, Finance Minister Muhammad Aurangzeb said during the meeting, “Pakistan ‘aspires to lead the Global South in the development and adoption of digital assets.’” Additionally, on June 15, State Minister on Blockchain and Crypto Bilal Bin Saqib suggested during the meeting that Pakistan could follow Strategy's example of becoming a Bitcoin-buying vehicle. This development occurs while Pakistan is making recent moves to become more crypto-friendly. These moves include establishing a crypto authority to regulate digital assets, and additionally, the Finance Ministry has agreed to fast-track a draft legal framework for digital assets, a framework presented by the government-backed Pakistan Crypto Council earlier in June. Other media outlets, such as Dawn and Arab News, also covered the meeting. On June 16, Dawn published its report, referencing a Finance Ministry press release. Separately, on June 15, Tribune.com.pk reported on the discussions that took place. As of June 16, at 05:16 UTC, CoinMarketCap reported that Bitcoin (BTC) was trading at $106,413.39, with a 0.787% change in 24-hour trading volume.
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Market
Published
2025-06-16 05:25
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PENDING
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