Pakistan is actively moving forward in the crypto industry. Recently, the executive chairman of Strategy, Michael Saylor, met with the Ministry of Finance of Pakistan to commend its crypto efforts.  On June 15, Saylor had a meeting with Muhammad Aurangzeb, Finance Minister of the country, and Bilal Bin Saqiib, state

• Strategy’s Saylor meets with two prominent leaders of Pakistan to advance crypto. 
• Pakistan is gradually becoming pro-crypto, having the government establishing a crypto authority to regulate crypto.

Pakistan is actively moving forward in the crypto industry. Recently, the executive chairman of Strategy, Michael Saylor, met with the Ministry of Finance of Pakistan to commend its crypto efforts. 

On June 15, Saylor had a meeting with Muhammad Aurangzeb, Finance Minister of the country, and Bilal Bin Saqiib, state minister on Blockchain and crypto of Pakistan. The area of discussion revolved around how Bitcoin can operate in a state reserve and the planned crypto policies of the nation. 

A prominent media channel, Dawn, reported that Saylor welcomed coming on as adviser. An employee of the Finance Ministry posted a video on the social media platform X in which Saylor was seen saying that Pakistan has a lot of intelligent people, and many do business with you. 

He further used an example of his company, Strategy, to show how Pakistan can do intellectual leadership. His company is the largest holder of Bitcoin having around 582,000 BTC, whose worth is estimated to be more than $61 billion. 

The share price of the firm has also skyrocketed by more than 3,000% since its first BTC purchase in mid-2020. In order to make purchases, the firm has also sold billions of dollars worth of debt and shares. 

Why is The Trust Necessary? 

Pakistan is gradually becoming pro-crypto, having the government establishing a crypto authority to regulate crypto. Saqib has also mentioned that Pakistan is working to have a BTC reserve. 

Saylor told both the ministers that the market invested billions of dollars because they trust him. He also highlighted that the most important thing in leadership is intellectual leadership. 

He further went on to state that if the world trusts you and they hear your words and you speak specifically, the funds and the ability will come to Pakistan. It is already there; it just wants to find a home. 

In his opinion, the market decides the leader in a specific industry, and when it’s done they get behind it and also send their money. And, he believes that they will do it to Pakistan. 

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