{"id":37531,"date":"2025-07-17T19:01:33","date_gmt":"2025-07-17T19:01:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37531"},"modified":"2025-07-17T19:01:33","modified_gmt":"2025-07-17T19:01:33","slug":"bitcoin-on-the-global-stage-pakistan-and-el-salvador-share-notes","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37531","title":{"rendered":"Bitcoin On The Global Stage: Pakistan And El Salvador Share Notes"},"content":{"rendered":"
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Pakistan has moved closer to tapping El\u202fSalvador\u2019s Bitcoin playbook. In San\u202fSalvador this week, Bilal\u202fBin\u202fSaqib, CEO of the Pakistan Crypto Council and special assistant to Pakistan\u2019s prime minister on crypto and blockchain, met with El Salvador Nayib\u202fBukele.<\/p>\n

They signed<\/a> a Letter of Intent to share know\u2011how on public\u2011sector Bitcoin<\/a> use, blockchain\u2011driven financial inclusion and policy design for markets still finding their footing.<\/p>\n

Pakistan Signs Framework With El\u202fSalvador<\/h2>\n

According to reports, the agreement<\/a> establishes a formal connection between El\u202fSalvador\u2019s Bitcoin Office and the Pakistan Crypto Council. Its objective is to advise Islamabad while it formalizes regulations regarding the adoption of cryptocurrency.<\/p>\n

Pakistan is already subject to a $7 billion IMF loan program to 2027. Now it wishes to learn from the mistakes Bukele made when he legalized crypto as legal tender in September 2021, while facing opposition from the International Monetary Fund regarding fiscal risks.<\/p>\n

\n

Just met one of the most extraordinary visionary leaders of our time, President of El Salvador, @nayibbukele<\/a><\/p>\n

A head of state who doesn\u2019t just talk tech, but challenges it, from AI and robotics to Bitcoin.<\/p>\n

He\u2019s a leader from the future, who saw the future first because when it\u2026 pic.twitter.com\/QpS6vVnTxv<\/a><\/p>\n

\u2014 Bilal bin Saqib MBE (@Bilalbinsaqib) July 16, 2025<\/a><\/p>\n<\/blockquote>\n

IMF Concerns Stall Mining Plans<\/h2>\n

According to IMF<\/a> statements, the fund rejected Pakistan\u2019s bid to offer subsidized power to energy\u2011intensive industries, including Bitcoin miners.<\/p>\n

That plan would have tapped up to 2,000 megawatts of seasonal electricity surplus\u2014mainly in winter months\u2014to run mining rigs and AI data centers.<\/p>\n

The IMF warned that special pricing schemes risked skewing Pakistan\u2019s energy market and undermining fiscal balance. If Islamabad presses ahead without IMF buy\u2011in, it could trigger fresh delays in loan disbursements.<\/p>\n


\nBitcoin Reserves And Strategic Talks<\/p>\n

Pakistan\u2019s delegation also held a virtual meeting with Michael Saylor, whose firm Strategy<\/a> holds more than $62 billion in crypto reserves. Saylor shared insights on managing a large\u2011scale BTC portfolio and using digital assets as an institutional treasury tool.<\/p>\n

Pakistan hopes to learn how to build its own \u201cStrategic Bitcoin Reserve\u201d without exposing public finances to wild price swings.<\/p>\n

El\u202fSalvador now holds over 6,240\u202fBTC, valued at about $740 million, according to BitcoinTreasuries.NET. Bukele\u2019s team has bought more than 3,000 BTC since rolling out its Bitcoin Law, even as critics pointed to market volatility and operational hurdles.<\/p>\n

Next Steps For Islamabad<\/p>\n

Saqib hailed Bukele as \u201cone of the most extraordinary visionary leaders of our time,\u201d noting that conviction mattered more than deep pockets when staking a country\u2019s reputation on digital currency.<\/p>\n

Based on reports, Pakistan plans to dispatch technical teams to El\u202fSalvador later this year. They will study Bukele\u2019s tax framework for Bitcoin gains, the setup of the country\u2019s Bitcoin trust<\/a> and pilot projects that tap blockchain for government payments.<\/p>\n

Featured image from Shutterstock, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Pakistan has moved closer to tapping El\u202fSalvador\u2019s Bitcoin playbook. In San\u202fSalvador this week, Bilal\u202fBin\u202fSaqib, CEO of the Pakistan Crypto Council and special assistant to Pakistan\u2019s prime minister on crypto and blockchain, met with El Salvador Nayib\u202fBukele. They signed a Letter of Intent to share know\u2011how on public\u2011sector Bitcoin use, blockchain\u2011driven financial inclusion and policy design […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37531","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37531"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37531\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}