Michael Saylor Advises Pakistan on Bitcoin Adoption

Edited by: Elena Weismann

On Sunday, Michael Saylor, Executive Chair of Strategy, met with Pakistan's Finance Minister and State Minister to discuss Bitcoin integration and crypto policies. (Source: Dawn, Date: June 16, 2024)

Saylor, whose company holds 582,000 BTC worth over $61 billion, offered his expertise on how Pakistan can establish a Bitcoin reserve. He emphasized the importance of "intellectual leadership" and global trust in attracting capital.

Pakistan is moving towards a crypto-friendly environment, establishing a crypto authority last month. The government-backed Pakistan Crypto Council presented a draft legal framework on June 6, with the Finance Ministry agreeing to expedite its approval.

Sources

  • Cointelegraph

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