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Bitcoin (BTC) A surprise move has come from a country rolling up its sleeves for reserves! After CZ, the big bull is meeting with Michael Saylor!
As cryptocurrency adoption continues to rise in Asia, Pakistan, one of the South Asian countries, is taking bold steps.
Pakistan, which has made bold moves regarding Bitcoin (BTC), has now started discussions with Strategy founder Michael Saylor.
According to reports, Saylor held a Bitcoin-focused meeting on Sunday with Pakistan's Finance Minister Muhammad Aurangzeb and the country's State Minister for Blockchain and Cryptocurrency Bilal Bin Saqib.
The meeting between the parties focused on the country's cryptocurrency policies and the potential use of Bitcoin as part of the national reserves.
Saylor expressed his support for Pakistan's crypto efforts and stated that he is open to serving as an advisor for the country's crypto strategy.
While Pakistan is becoming a crypto-friendly country with its latest moves, the government established a crypto authority last month to regulate cryptocurrency.
At this point, the authorized Bilal Bin Saqib announced at the Bitcoin 2025 Conference held in Las Vegas at the end of May that Pakistan will establish a strategic Bitcoin reserve.
This decision represents a significant change from the previous stance of the Pakistani government, which stated that it would never legalize Bitcoin and cryptocurrencies. Indeed, Pakistan had previously argued that cryptocurrencies would never be legal in the country.
However, Pakistan's stance on crypto began to change earlier this year.
The Pakistani government established a "National Crypto Council" for the first time in February 2025. This council was created to oversee the development of a comprehensive regulatory framework for cryptocurrencies and to attract foreign investment.
Later, one of the most influential figures in the industry, Binance founder Changpeng Zhao (CZ), was appointed as Strategic Advisor to the Pakistan Crypto Council (PCC).
Just three days after CZ's appointment, Pakistan's Finance Minister advisor Bilal Bin Saqib announced that the country plans to allocate part of its excess electricity to Bitcoin mining and AI data centers.
*It is not investment advice.
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