The move was revealed during his keynote at Bitcoin Vegas 2025, attended by U.S. leaders including JD Vance and members of the Trump family.

Saqib, now holding ministerial status, is leading efforts to position Pakistan as a digital innovation hub. He introduced a national bitcoin wallet to hold state-owned digital assets—not for speculation, but as a sovereign reserve.

The government has also allocated 2,000 MW of surplus electricity for bitcoin mining and AI data centers, aiming to attract global tech investment. Pakistan already hosts over 40 million crypto wallets and one of the world s largest freelancer communities.

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Saqib is spearheading the creation of the Pakistan Digital Assets Authority (PDAA) to regulate and support the country’s growing crypto ecosystem. He urged global crypto builders to invest in Pakistan, calling the country “youth-powered” and “ready to lead in Web3.”

The initiative is part of a broader strategy to monetize surplus energy, create high-tech jobs, and draw significant foreign investment, while ensuring compliance with FATF standards.