Crypto

Pakistan’s Youthful Population Positions Nation as Bitcoin Adoption Leader

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Pakistan is emerging as an unlikely frontrunner in cryptocurrency adoption, leveraging its tech-savvy youth and innovative energy policies to outpace more developed nations. With 40 million cryptocurrency wallets and a median age of just 20.6 years, the country’s 250 million-strong population, 70% of whom are under 30, demonstrates a natural inclination toward digital assets. Bilal Bin Saqib, Pakistan’s State Minister of Crypto and Blockchain, attributes this trend to a generational shift in financial behavior, positioning Pakistan among the top five nations in global crypto adoption.

The government is actively fostering this momentum through strategic partnerships, including a recent collaboration with El Salvador to share expertise on Bitcoin (BTC) infrastructure, digital asset regulation, and energy-efficient mining. This alliance underscores Pakistan’s commitment to integrating cryptocurrency into its economic framework, particularly as it navigates International Monetary Fund (IMF) programs. Regulatory bodies, including the National Crypto Council, are drafting policies to license exchanges, develop a national Bitcoin reserve, and introduce a stablecoin, a digital currency pegged to a stable asset like the U.S. dollar.

A key driver of Pakistan’s crypto ambitions is its surplus energy capacity, which includes up to 10,000 megawatts (MW) of underutilized electricity. Rather than treating this excess as a financial burden, officials are allocating 2,000 MW to power Bitcoin mining and artificial intelligence (AI) data centers. Innovative proposals, such as harnessing methane runoff for mining operations, further highlight Pakistan’s pragmatic approach to transforming liabilities into economic opportunities.

While skeptics question the volatility of cryptocurrencies, Pakistan’s demographic and energy advantages present a compelling case for Bitcoin’s role in emerging economies. By embracing decentralized finance, the nation could bypass traditional financial bottlenecks and establish itself as a hub for digital innovation. As Saqib noted, “Smaller, agile economies often leapfrog legacy systems. Pakistan is proving that principle in real time.” With youth and energy on its side, the country may well redefine its financial future through blockchain technology.

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