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U.S.-Pakistan Crypto Alliance? Bilal Bin Saqib Meets Trump’s Digital Asset Chief

U.S.-Pakistan Crypto Alliance? Bilal Bin Saqib Meets Trump’s Digital Asset Chief


coinpedia
2025-06-04 13:17:39

The post U.S.-Pakistan Crypto Alliance? Bilal Bin Saqib Meets Trump’s Digital Asset Chief appeared first on Coinpedia Fintech News In a high-level meeting aimed at advancing digital asset cooperation, Pakistan’s Minister for Crypto and Blockchain, Bilal Bin Saqib , met with Robert “Bo” Hines , Executive Director of former President Donald Trump’s Council on Digital Assets . The conversation marked a significant move towards cross-border collaboration on crypto innovation and infrastructure development. Key Highlights of the Bilal-Hines Meeting During the strategic dialogue, the two leaders explored several critical areas: Potential U.S.-Pakistan crypto partnerships The future of decentralized finance (DeFi) Bitcoin’s role in sovereign economic strategy Bilal Bin Saqib declared a bold vision during the session: “It is my mission to position Pakistan as a global leader in digital assets.” He also announced plans to establish a Strategic Bitcoin Reserve (SBR) , highlighting Pakistan’s commitment to digital asset adoption and economic modernization. Pakistan’s Infrastructure Push for Crypto and AI Saqib revealed Pakistan’s ambitious plan to allocate 2,000 megawatts of electricity to support crypto mining and AI zones across the country. This initiative marks a major step toward building a digital economy powered by blockchain and artificial intelligence. Adding to the momentum, on May 21st , Pakistan’s Finance Ministry officially approved the creation of a dedicated crypto regulatory body to oversee and manage all crypto-related activities. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Pakistan Makes Another Big Move: New Draft on Crypto Regulation , Will the U.S. and Pakistan Lead Crypto Innovation Together? At the meeting, both Hines and Saqib shared a mutual interest in fostering U.S.-Pakistan collaboration on digital assets. The joint approach aims to empower youth, drive innovation , and boost economic inclusion through blockchain ecosystems. Notably, Pakistan also held separate discussions with the White House Counsel’s Office , underscoring its growing alignment with the U.S. on virtual asset strategies. Strategic Bitcoin Reserve and Global Spotlight The Pakistan-U.S. dialogue follows Pakistan’s recent announcement of its Strategic Bitcoin Reserve (SBR) at the Bitcoin 2025 conference in Las Vegas . With this bold step, Pakistan became the first Asian country to integrate Bitcoin into its sovereign asset strategy . Final Thoughts Pakistan’s crypto leadership vision is no longer just talk. With dedicated energy allocations, regulatory frameworks, and strategic international ties, the country is fast positioning itself as a trailblazer in digital assets . The White House engagement signals the beginning of a new era in U.S.-Pakistan crypto relations —one with the potential to reshape digital finance in Asia and beyond. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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The council, led by Bilal bin Saqib, advises the government on blockchain policies, Web3 development, and AI-driven financial innovation. How many crypto users are there in Pakistan? Pakistan has about 25 million active crypto users and sees an estimated $300 billion in annual transaction volume. How much tax do I pay on crypto in Pakistan? Starting July 1, 2025, profits from selling crypto face a flat 15% Capital Gains Tax (CGT). Crypto earned from mining/staking is taxed as regular income (5-35%).


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