Michael Saylor Extends Hand to Pakistan’s Crypto Ambition — Which Other Execs Are Involved?

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated: 

June 16, 2025

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Pakistan is leaning into digital finance, and now it has the backing of one of Bitcoin’s most influential champions, Michael Saylor, the executive chairman of Strategy.

Saylor reportedly met with top Pakistani officials over the weekend to explore how crypto could help reshape the country’s financial future.

The talks, described by officials as a “landmark discussion,” brought Saylor together with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib.

The agenda focused on how Bitcoin could be used in sovereign reserves and monetary policy. Meanwhile, Pakistan is accelerating efforts to become a digital asset leader in the Global South.

“Pakistan aspires to lead the Global South in the development and adoption of digital assets, setting a benchmark for innovation, regulation, and inclusive growth in the digital economy,” said Aurangzeb, who also chairs the Pakistan Crypto Council.

Pakistan Finds an Ally in MicroStrategy’s Michael Saylor

Saylor, who heads the world’s largest corporate holder of Bitcoin, welcomed Pakistan’s outreach.

In a video posted by a finance ministry official, he praised the country’s clarity and commitment. He noted that “Pakistan has many brilliant people” and the “intellectual leadership” needed to play a key role in global crypto adoption.

He called Bitcoin “the strongest asset for long-term national resilience.” Additionally, he showed willingness to advise on Pakistan’s evolving crypto strategy.

The meeting comes after a series of bold steps by Islamabad. In March, the government established the Pakistan Crypto Council to create a legal framework for digital assets. Then in April, it introduced the country’s first national crypto policy, designed to align with FATF standards.

Soon after, the government created the Pakistan Virtual Assets Regulatory Authority. In addition, it announced a state-backed strategic Bitcoin reserve at the Bitcoin 2025 conference in Las Vegas.

With Support from Zhao and Trump Allies, Pakistan’s Crypto Plan Gains Weight

Saylor is not the only high-profile figure showing interest. Binance founder Changpeng Zhao was appointed a strategic advisor to the PCC in April. His addition, despite past legal controversies, is seen by officials as a signal of global credibility.

Others from US political and financial circles have also entered the picture. Gentry Beach Jr., a close ally of President Donald Trump, visited Islamabad as part of a US delegation helping shape the council’s structure.

Meanwhile, Zachary Witkoff, son of Trump associate and Middle East envoy Steve Witkoff, signed a deal in April between his firm, World Liberty Financial, and the PCC. The agreement aims to embed blockchain technology into Pakistan’s financial systems. Additionally, the company is reportedly linked to the Trump family, with Eric, Donald Jr. and Jared Kushner holding a controlling stake.