Crypto
Pakistan Creates Strategic Bitcoin Reserve with Seized Coins and Excess Electricity
Pakistan's Virtual Assets Regulatory Authority (PVARA) chairman Bilal Bin Saqib has proposed creating a Strategic Bitcoin Reserve using seized digital assets to serve as a national asset for sovereign preparedness.
The reserve will be created from coins that have been seized, and the government is redirecting surplus electricity to Bitcoin mining and AI data centers, aiming to boost the digital economy.
This initiative is supported by the Virtual Assets Act 2026, which formalizes regulation and licensing for digital assets, marking a shift from unregulated crypto activity to a structured framework that promotes financial inclusion for millions of Pakistanis.