A high-level meeting led by the Prime Minister of Pakistan convened in Islamabad to discuss strategic investments in Bitcoin mining and the tokenization of real-world assets. This landmark session underscores Pakistan’s willingness to embrace the digital economy and its ambition to become a global hub for blockchain technology.
The meeting brought together key figures, including Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, and State Bank Governor Jamil Ahmad. Other notable attendees included Pakistan Crypto Council CEO Bilal Bin Saqib, Economic Affairs Minister Ahad Khan Cheema, Petroleum Minister Ali Pervez Malik, Power Minister Sardar Awais Ahmad Khan Leghari, Climate Change Minister Dr. Musadik Malik, and FBR Chairman Rashid Mehmood.
Global Blockchain Leaders Join Pakistan’s Crypto Push
Among the international participants were Marco Streng, Founder & CEO, and Dr. Marco Krohn, Co-Founder & CEO of Genesis Group—one of the world’s largest Bitcoin mining firms, having mined over $1 billion worth of Bitcoin. Also present was Vincent Kadar, CEO of Polymath Canada, a leading firm in secure and compliant asset tokenization, which has successfully tokenized commodities, real estate, and securities worth billions since 2017.
Read More: Umar Farooq Zahoor Awarded Hilal-e-Imtiaz for Driving Foreign Investment and Humanitarian Efforts
During the discussions, representatives from these companies laid out actionable strategies for establishing a $3.5 billion Bitcoin mining infrastructure in Pakistan and launching large-scale asset tokenization projects. The meeting emphasized the transformative potential of blockchain technology in strengthening economic resilience, attracting foreign direct investment, and modernizing Pakistan’s financial ecosystem through sustainable and transparent practices.
Government Pushes for Immediate Action on Crypto Regulation
The Prime Minister directed the Pakistan Crypto Council to swiftly engage with these firms to devise an actionable roadmap for deploying Bitcoin mining and tokenization initiatives across multiple sectors. Additionally, he instructed the Council to take immediate steps toward formalizing legislation for crypto regulations, setting the stage for a structured and legally compliant digital economy.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, underscored the significance of this initiative: “Pakistan is open for business. We invite global companies to invest in Bitcoin mining, data centers, and real-world asset tokenization. This is a call to innovators, investors, and infrastructure builders—Pakistan is ready to lead in the digital economy and become a regional hub for Web3 transformation.”
This initiative marks a significant step in positioning Pakistan among crypto-friendly nations, leveraging blockchain technology to drive economic growth, enhance transparency, and boost global competitiveness. By fostering a regulatory framework and attracting foreign investment, Pakistan aims to establish itself as a key player in the evolving digital financial landscape.
The article has been received directly from the reporter.