Bilal bin Sakib, CEO of Pakistan Crypto Council and special assistant to Pakistan’s Prime Minister of Crypto and Blockchain, explored knowledge sharing opportunities with San Salvador President Naib Bukere.
In X’s Thursday post, Saqib described Bukele as “one of the most extraordinary visionary leaders of our time.” He promoted the country’s crypto plan amid Bukkele’s belief in favor of Bitcoin (BTC) and widespread skepticism.
According to Bitcointreasuries.net, El Salvador continues to accumulate Bitcoin despite concerns over crypto policy by the International Monetary Fund.
“He was the leader of the future and when Bitcoin wasn’t cool, he stood with certainty, so he saw the future first,” Sakib said of Bukere. “A great example that doesn’t require a wealth of resources to map your country. Just a vision and unwavering belief!”
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Pakistan Eyes El Salvador’s Bitcoin Strategy
Pakistan has recently embraced digital assets in its $7 billion IMF loan program that continues into 2027, but is looking for experience as a blueprint for El Salvador’s Bitcoin adoption.
According to a report from a local media outlet business recorder, the important outcome of the meeting was to sign an intent between the Bitcoin office in El Salvador and the Pakistan Crypto Council.
The agreement reportedly establishes a formal framework for collaborations on Bitcoin-related initiatives focusing on public sector adoption, blockchain-driven financial inclusion and policy development tailored to emerging economies.
The meeting with Bukere came the day after Pakistani Finance Ministers Muhammad Aurangzeb and Sakib held a virtual discussion with Bitcoin pioneer Michael Sayler.
“This strategic engagement reflects Pakistan’s growing commitment to establishing Pakistan as a major force in the global digital asset economy,” the Pakistan Cryptocourt wrote in X.
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IMF blocks Pakistan’s Bitcoin Mining Plan
Earlier this month, the IMF expressed concern over Pakistan’s plan to use surplus electricity in profitable mining, and rejected a proposal to provide subsidies to energy-intensive industries, including Bitcoin miners.
Despite Pakistan having excessive electricity in certain seasons, especially in winter, the IMF fears that pricing schemes that support certain industries could disrupt the market.
In May, Pakistan allocated 2,000 megawatts of surplus electricity for its Bitcoin mining and AI centres as part of a digital transformation initiative led by the Pakistan Crypto Council and supported by the Ministry of Finance.
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