Pakistan’s Cryptocurrency Policy 2025: Is the Country Ready for Bitcoin?

The National Assembly of Pakistan raises concerns over the evolving crypto policy, Bitcoin reserves, and energy allocation. Read the full update on digital currency in Pakistan.

Pakistan’s Evolving Crypto Policy Faces Backlash

Pakistan’s journey into the world of cryptocurrency is off to a controversial start. National Assembly’s Standing Committee on Finance have expressed serious concerns about the unregulated growth of digital currencies, warning of potential financial risks and a lack of transparency in the emerging crypto framework.

Pakistan Adds Bitcoin to Strategic Reserves?

In a surprising announcement from Las Vegas, Bilal Bin Saqib, Chair of the Pakistan Crypto Council and Special Assistant to the Prime Minister on Cryptocurrency, claimed that Pakistan has added Bitcoin to its strategic reserves a move inspired by the United States.

But this bold step has triggered skepticism. Lawmakers are questioning the legitimacy of the Council, its unclear mandate, and the absence of a formal crypto strategy.

Concerns Over Financial Stability & Public Hype

During a recent session led by Nafisa Shah, the committee discussed the rising public hype around cryptocurrency in Pakistan. They warned that without a well-defined strategy, announcements like Bitcoin adoption could mislead investors and destabilize the economy.

“Clarity is essential. Without legal groundwork, we risk confusion and financial turmoil,” said one committee member.

Where Does the Government Stand?

Finance Secretary Imdadullah Bosal clarified that the cryptocurrency policy is still in its early stages. The Ministry of Finance, in coordination with SBP (State Bank of Pakistan) and SECP, is exploring a regulatory framework to assess the legal, financial, and technical aspects of crypto assets.

However, SBP officials confirmed that cryptocurrencies currently hold no legal status in Pakistan, and most developments have occurred without formal approval.

2,000 MW Power Allocation for Crypto Mining?

A surprising revelation also emerged: reports of a 2,000 MW electricity allocation for crypto-related activity. Lawmakers demanded transparency and evidence behind this decision, especially when Pakistan is already facing power shortages.

What’s Next for Crypto in Pakistan?

Despite increasing interest from crypto investors, the committee emphasized that any future policy must be:

• Backed by legislation
• Aligned with international best practices
• Supported by public education

Officials warned that failure to regulate the market could result in massive financial losses and long-term instability.

Final Thoughts

As Pakistan inches toward a digital currency future, transparency, regulation, and public awareness will be the keys to success. The world is watching and so are millions of potential investors.