Islamabad: Pakistan’s recent efforts in crypto diplomacy have bolstered its presence on the international stage. The establishment of the Virtual Assets Regulatory Authority marks a significant step in the country’s initiative to monitor and regulate cryptocurrencies and digital assets.

Minister of State for Crypto and Blockchain, Bilal Bin Saqib, emphasized that Pakistan’s crypto policy is creating new international economic opportunities. The approach aligns with a broader global vision, aiming to harness the potential of digital currencies.

Saqib highlighted the strategic Bitcoin reserve as a practical future investment. This move symbolizes Pakistan’s commitment to integrating into the expanding digital economy and leveraging cryptocurrencies for economic growth.

The developments position Pakistan as an active participant in the global digital financial ecosystem, potentially attracting international partnerships and investments.