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PM Shehbaz holds high-level talks on Bitcoin mining

MM News Staff by MM News Staff
March 25, 2025
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In a groundbreaking move, Pakistan has signaled its intent to embrace blockchain technology, with the government deliberating on strategic investments in Bitcoin mining and real-world asset tokenisation.

A high-level meeting chaired by Prime Minister Shehbaz Sharif in Islamabad brought together key government officials and international blockchain leaders to discuss Pakistan’s potential as a global hub for digital finance.

The meeting was attended by Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, State Bank Governor Jamil Ahmad, and Pakistan Crypto Council CEO Bilal Bin Saqib, among others.

Global blockchain and Bitcoin mining experts, including Genesis Group’s CEO Marco Streng and co-founder Dr. Marco Krohn—whose firm has mined over $1 billion worth of Bitcoin—were also present. Additionally, Polymath Canada CEO Vincent Kadar, a pioneer in secure and compliant asset tokenisation, participated in the discussions.

The discussions focused on developing a $3.5 billion Bitcoin mining infrastructure and launching large-scale asset tokenisation projects in Pakistan. Experts highlighted how blockchain adoption could enhance economic resilience, attract foreign investment, and modernize Pakistan’s financial ecosystem through transparent and sustainable practices.

Following the discussions, PM Shehbaz directed the Pakistan Crypto Council to collaborate with industry leaders and present an actionable roadmap for immediate deployment of mining projects and asset tokenisation initiatives. He also instructed the Council to accelerate legislative efforts for cryptocurrency regulations.

Pakistan Crypto Council CEO Bilal Bin Saqib emphasized the country’s readiness for digital transformation, stating:

“Pakistan is open for business. We invite global investors to participate in Bitcoin mining, data centers, and asset tokenisation. This is a call to innovators and infrastructure builders—Pakistan is ready to lead the digital economy in the region.”

With this initiative, Pakistan aims to position itself among crypto-friendly nations, leveraging blockchain technology to drive economic growth, transparency, and global competitiveness.

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