The Pakistan government is exploring Bitcoin mining and asset tokenization as part of its efforts to modernize the economy, attract investment, and regulate digital finance.
Prime Minister Shehbaz Sharif chaired a high-level meeting in Islamabad, attended by key officials, including Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, and Pakistan Crypto Council CEO Bilal Bin Saqib, among others.
Global blockchain leaders, Marco Streng and Dr. Marco Krohn, Co-Founders of Genesis Group and CEO of Polymath Canada, Vincent Kadar, also joined discussions.
The government is considering a $3.5 billion investment in Bitcoin mining infrastructure while pushing for asset tokenization to strengthen economic resilience and attract foreign investment.
READ: Pakistan launches crypto council to regulate digital financial sector
PM Shehbaz Sharif directed the Pakistan Crypto Council to work with global companies in developing a strategy for crypto mining and digital asset regulation.
He also emphasized the need for a secure, transparent digital economy through structured regulations.
Bilal Bin Saqib highlighted Pakistan’s readiness for digital transformation, stating: “Pakistan is open for business. We invite global companies to invest in Bitcoin mining, data centers, and asset tokenization. This is a call to innovators and investors—Pakistan is ready to lead in Web3 transformation.”
This initiative aims to position Pakistan as a regional leader in blockchain technology, boosting economic growth and global competitiveness in the Web3 space.