At the 80th United Nations General Assembly (UNGA80) in New York, Pakistan made history by putting Bitcoin and digital assets on the global agenda for the very first time. The move hints at the possibility of the world’s first UN resolution on cryptocurrencies and blockchain, signaling a bold push for digital inclusion led by the Global South.
Speaking on the sidelines of UNGA80, Pakistan’s Minister of State for Crypto and Blockchain, Bilal Bin Saqib, said that the initiative is not symbolic but a deliberate effort to integrate crypto into international development frameworks. Pakistan aims to reframe digital assets from mere speculation to tools of economic survival, especially for developing nations struggling with financial exclusion. The bold step comes as Bitcoin trades around $63,500, reflecting its growing relevance in financial systems worldwide.
The step comes as crypto adoption accelerates worldwide, with digital currencies increasingly seen as an alternative for cross-border payments, financial security, and innovation. Experts believe that Pakistan’s effort could trigger wider debate at the UN on how digital assets can support global economic growth, reduce dependence on traditional financial systems, and empower communities with limited access to banking.
If the resolution progresses, it would establish a precedent for digital asset recognition at the United Nations level, potentially influencing regulations, financial inclusion policies, and the future of the global digital economy.