Islamabad: Pakistan has entered into a new era of digital economy and tech diplomacy. Special Assistant to the Prime Minister, Bilal bin Saqib, has initiated crypto diplomacy through high-level meetings in the United States.

According to Radio Pakistan, Pakistan’s partnership with the renowned company ‘World Liberty Financial’ has paved the way for US investment. This strategic alliance is seen as a significant step forward in attracting foreign investments into the country’s burgeoning tech sector.

The Pakistan Crypto Council, under the leadership of Bilal Bin Saqib, has announced the development of a strategic Bitcoin reserve. This initiative is expected to strengthen the nation’s digital asset infrastructure and provide a robust foundation for future tech-related endeavors.

In further advancements, the Pakistan government has announced the allocation of 2000 MW of power specifically for AI and blockchain-based Bitcoin mining. This move is anticipated to boost the country’s capacity to engage in large-scale digital currency mining operations, thereby enhancing its position in the global digital economy.

In a statement, Bilal bin Saqib emphasized that Pakistan is now focusing on establishing global relations based on innovation rather than relying on aid. This shift marks a significant transformation in the nation’s approach to international diplomacy and economic development.