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 collaboration with the renowned company ‘World Liberty Financial’ has paved the way for increased US investment. This partnership signifies a significant step towards establishing a robust digital economy framework in the country.
Furthermore, the Pakistan Crypto Council, led by Bilal bin Saqib, has announced the creation of a strategic Bitcoin reserve. This move aims to strengthen the nation’s financial infrastructure by leveraging the potential of cryptocurrency in global markets.
In a bid to foster innovation, the Pakistan government has also declared the allocation of 2000 MW of power specifically for AI and blockchain Bitcoin mining. This initiative is expected to accelerate technological advancements and position Pakistan as a competitive
player in the global tech industry.
In a statement, Bilal bin Saqib emphasized that Pakistan is now focused on establishing global relations grounded in innovation rather than aid. This strategic shift reflects the country’s commitment to embracing digital transformation and enhancing its international economic ties.