Pakistan blockchain chief meets US counterpart amid digital assets adoption push

State Minister for Crypto and Blockchain, Bilal Bin Saqib (right) photographed with Trump Council’s Executive Director Bo Hines at White House, Washington DC, US, on June 4, 2025. (@cryptocouncilpk/X)
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Updated 04 June 2025
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Pakistan blockchain chief meets US counterpart amid digital assets adoption push

  • Bilal Bin Saqib meets the director of Trump’s Council of Advisers for Digital Assets in Washington
  • He says Pakistan is building a real framework for digital asset adoption and economic modernization

KARACHI: Pakistan’s top blockchain policymaker on Wednesday expressed the country’s ambition to become the Global South’s leader in digital assets during a meeting with his American counterpart at the White House in Washington.

Bilal Bin Saqib, Pakistan’s Minister of State for Crypto & Blockchain and CEO of the Pakistan Crypto Council, met with Robert ‘Bo’ Hines, Executive Director of the US President’s Council of Advisers for Digital Assets. The meeting marked a deepening of bilateral engagement on cryptocurrency strategy and blockchain integration between the two countries.

In March, the administration in Islamabad established the Pakistan Crypto Council to help guide national policy on blockchain, digital currencies and crypto-related investments. This was followed by the government’s announcement of a Strategic Bitcoin Reserve (SBR) at the Bitcoin 2025 Conference in Las Vegas, making Pakistan one of the first Asian countries to integrate Bitcoin into its sovereign asset strategy.

The government also plans to establish an autonomous regulatory body to oversee the country’s digital finance and crypto ecosystem.

“I envision Pakistan to be a leader in the Global South for digital assets,” Saqib said according to a statement circulated after the meeting. “From launching our Strategic Bitcoin Reserve to unlocking national infrastructure for crypto mining and AI data zones, Pakistan is building a real framework for digital asset adoption and economic modernization.”

During the meeting, both officials discussed aligning national strategies on decentralized technologies, fostering regulatory coherence and building innovation ecosystems to promote youth engagement and financial inclusion.

Bo Hines, appointed in January by President Donald Trump, heads US policy development on digital assets and works alongside Council Chair David Sacks to position the United States as a global leader in the sector.

Saqib also held a separate meeting with officials from the White House Counsel’s Office to discuss legal frameworks around blockchain governance.

Pakistan’s broader digital asset strategy includes allocating 2,000 megawatts of surplus power to support Bitcoin mining and AI-driven data zones, aiming to turn untapped energy into economic productivity, job creation and digital infrastructure growth.

As regulatory frameworks continue to evolve globally, Pakistan says it is taking proactive steps to integrate private sector innovation with state policy and international partnerships, positioning itself as a key player in the next phase of the global digital economy.
 


At least 42 civilians killed in Afghanistan in conflict with Pakistan, UN agency says

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At least 42 civilians killed in Afghanistan in conflict with Pakistan, UN agency says

  • Civilian ​casualties ‌include ⁠those ​caused by ⁠indirect fire, airstrikes, says UN Assistance Mission in Afghanistan
  • Conflict was sparked last Thursday after Afghan forces said were retaliation for Pakistani airstrikes earlier this month

KABUL/ISLAMABAD: At least 42 civilians have been killed and 104 wounded in Afghanistan in the fighting with Pakistan between February 26 and March 2, the United Nations Assistance Mission in Afghanistan (UNAMA) said on Tuesday, as the military conflict between the neighbors entered its sixth day.

Military tensions between the South Asian nations remained high on Tuesday, with Afghanistan saying it had captured another Pakistani post in the ‌Kandahar region and ‌the fighting between the allies-turned-foes was “still ongoing.”

“The civilian ​casualties ‌include ⁠those ​caused by ⁠indirect fire in cross-border clashes...as well as those caused by airstrikes,” the UN agency said, adding that the numbers were “preliminary.”

The conflict — the worst between the countries in years — was sparked last week by what Afghanistan’s Taliban rulers said were retaliatory strikes on Pakistani installations in response to Pakistan’s targeting of militants in Afghanistan.

Afghanistan says Pakistani forces targeted its civilians, a charge Islamabad denies.

Islamabad has ⁠launched air-to-ground missiles at Taliban military sites over the ‌last week, and even directly targeted the ‌Taliban government for the first time over ​allegations it harbors militants executing attacks on ‌Pakistan from its soil.

Pakistani forces destroyed a military base in ‌Nangarhar province of Afghanistan in a successful air operation, Pakistani security sources said on Tuesday.

UNAMA CALLS FOR HALT TO FIGHTING

Both sides have claimed to have killed scores of troops of the other and inflicted heavy damage on military facilities since the fighting ‌began.
Reuters has not been able to verify the numbers.

Pakistani President Asif Ali Zardari, while addressing a joint session ⁠of parliament ⁠on Monday, reiterated that Islamabad would not allow territory in its neighborhood to be used for attacks against it.

“The soil of Pakistan is sacred. We will not allow any entity — domestic or foreign — to use neighboring territory to destabilize our peace,” he said.

UNAMA called for a halt to the fighting and warned that the violence, which has displaced an estimated 16,400 households, has worsened the situation of Afghanistan’s people who were still recovering from successive earthquakes in August and September that killed more than 1,400 people.

“Restrictions on movements in the border area due to the active conflict have ​reduced the capacity of humanitarian agencies ​and partners to deliver life-saving and other assistance in the most-affected areas,” it said.