Key dealers
- Bo Hines and Bilal bin Saqib discussed strategic collaboration on bitcoin and digital assets in the White House.
- Pakistan plans to establish a strategic bitcoin reserve and distribute resources for bitcoin mining and AI data centers.
Bo Hines, President Trump’s best cryptor adviser, hosted Bilal bin Saqib, CEO of Pakistan Crypto Council (PCC), in the White House this week to discuss strategic collaboration on bitcoin and digital assets, according to a Wednesday message On PCC’s official X page.
“The meeting emphasizes Pakistan’s growing role in shaping digital asset policy in emerging markets and its commitment to promoting international partnerships that support crypto and adoption of blockchain,” the Council noted.
“I imagine Pakistan to be a leader in Global South for digital assets,” Saqib said in a statement reported of dawn. “From launching our strategic Bitcoin reserve to unlocking the national infrastructure for crypto mining and AI -dating goals, Pakistan is building a real framework for adoption of digital access and economic modernization.”
In a joint statement, both the United States and Pakistani officials emphasized a mutual interest in promoting cooperation on cryptop policy, blockchaininnovation and financial technology.
The meeting also affected ways of building blockchain-driven innovation ecosystems aimed at strengthening young people and extending access to financial services. The parties reportedly investigated strategies to increase economic integration through digital infrastructure and education.
SAQIB also held a separate meeting with the White House’s law firm, according to the report.
Last week, SAQIB revealed at the Bitcoin 2025 conference that Pakistan establishes a government-led strategic Bitcoin reserve, a feature that adapts close to President Trump’s directive to develop a national Bitcoin reserve in the United States.
The plan, according to SAQIB, will be to have a Bitcoin wallet for long-term holdings without selling access.
Pakistan also intends to distribute 2,000 megawatts to mine Bitcoin and Kraft AI data centers, explore tokenization of illicated assets and improve the government’s efficiency using blockchain technology.
However, the International Monetary Fund (IMF) has warned against Pakistan’s Bitcoin Mining and AI Data Center plans, with reference to concern about energy shortages, tax challenges and potential effects on electrical tariffs.
The IMF, which was not consulted in advance, has requested urgent clarification from Pakistan’s Finance Ministry.
Pakistan’s Bitcoin Reserve Plan can test their bands with IMF. The organization has consistently warned the developing countries towards adopting crypto as a national reserve or legal tender.
The most profiled case was El Salvador, whose bitcoin policy caused tension with the IMF.
El Salvador, the first country that adopted Bitcoin as a legal tender, eventually had to agree with the IMF for a more conventional financial framework and improved monetary openness measures to keep the negotiations alive for a loan of $ 1.4 billion.
While the government did not fully reverse its Bitcoin law, it significantly scaled back the public promotion, removed Bitcoin’s compulsory legal tender status and made Bitcoin -ACCETANCE voluntarily for companies.
Despite the IMF deal, El Salvador’s President Nayib Bukele claimed that the government did not abandon its Bitcoin accumulation strategy. The official public wallet continued to get a bitcoin per day, according to Arkham Intelligence information.
However, many in the crypto community have questioned whether these coins were actually purchased or simply transferred from other government -controlled wallets, possibly with the help of Bitcoin which is broken locally or acquired on unresolved means.
