El Salvador sealed a strategic alliance with Pakistan to achieve wide collaboration in its Bitcoin (BTC) adoption models. This, after a key meeting between President Nayib Bukele and Billal Minister Bin Saqib.
In the meeting, They signed A letter of intention that initiates a direct collaboration in reservations, mining and education on digital currencycoining the term “biplomacia” for this new era of international relations.
El Salvador, recognized for his pioneer Bitcoin’s adoption as legal tender, will collaborate with Pakistan to establish and manage a national reserve based on the currency created by Satoshi Nakamoto. This advice will include the transfer of knowledge about the best practices and strategies that have allowed El Salvador to accumulate and manage its BTC reserve.
According to, The information Extended by both countries, the objective of the agreement is that Pakistan develops an infrastructure to integrate the digital currency into its economy, strengthening its financial position globally.
The agreement also contemplates a exchange of techniques and experiences to promote Bitcoin mining In Pakistan, using the country’s energy resources.
El Salvador will share his experience in the implementation of mining projects that prioritize sustainability and energy autonomy, while Pakistan will explore the use of their energy sources, such as hydroelectric or renewables, to boost an efficient digital mining industry, thus promoting economic sovereignty.
Based on the Salvadoran adoption model of Bitcoin, the agreement seeks to implement financial education programs aimed at the young population of Pakistan, where 70% of the inhabitants are less than 30 years old.
These programs They will train citizens in the use, management and benefits of digital assetspromoting financial inclusion and its mass adoption.
The agreement activates the support of the National Office of Bitcoin (ONBTC) of El Salvador. “We are helping Pakistan develop her bitcoinera policy,” confirmed its director, Stacy Herbert. Meanwhile, Pakistan advances internally with the creation of his own regulatory authority of virtual assets.
“Biplomacia” in action
“We are creating a legacy between two countries that bind under the premise of Bitcoin,” said Minister Bin Saqib, who baptized the initiative as “biplomacia”, a term that It was disseminated In several communications.
In itself, biplomacia represents the evolution of international relations, where decentralized technology becomes a tool to forge alliances, instead of depending solely on traditional pillars such as trade in goods or military agreements.
As the agreement is taking place, in practice, biplomacia implies that countries:
- They collaborate in public policies: They share knowledge and strategies to regulate and adopt bitcoin at the state level.
- Exchange financial strategies: They help each other in areas such as the creation of Bitcoin strategic reserves to strengthen their economic sovereignty.
- Develop joint projects: They cooperate in initiatives such as Bitcoin mining with own energies or the creation of educational programs on digital finance.
Although the term biplomacia is gaining relevance, El Salvador has woven a network of international agreements to strengthen the regulation and adoption of Bitcoin, consolidating itself as a global reference.
As Criptonoticias has been informing, since Bitcoin adopted as a legal tender in 2021, the country has signed Memorandes of Understanding (MOU) with nations such as Paraguay, Argentina and Kazakhstan, focusing on sharing knowledge, improving the supervision of digital assets and preventing illegal activities.
