In June 2025, Pakistan's Finance Minister Muhammad Aurangzeb and Minister of State for Blockchain and Cryptocurrencies Bilal Bin Saqib engaged in discussions with Michael Saylor, Executive Chairman of MicroStrategy, to explore Bitcoin's potential as a sovereign reserve asset and to enhance Pakistan's monetary resilience. Saylor was named an advisor to Pakistan's Crypto Council, where he will assist with crypto regulation and the development of a strategic Bitcoin reserve. The talks reflect Pakistan's ambition to replicate MicroStrategy's Bitcoin strategy and position itself as a leader in cryptocurrency adoption within the Global South. In July 2025, Pakistan and El Salvador established formal bilateral ties centered on cryptocurrency cooperation. The leaders discussed joint initiatives including Bitcoin mining, strategic Bitcoin reserves, and crypto education. This partnership aims to facilitate knowledge exchange and collaboration on Bitcoin-focused projects. Additionally, Bolivia signed an agreement with El Salvador in late July 2025 to regulate cryptocurrencies and promote Bitcoin adoption, with El Salvador providing support to boost Bolivia's economic growth through crypto integration.