Pakistan Crypto Council proposes using excess energy for BTC mining

From Cointelegraph
March 22, 2025 12:40:00 PM:

Bilal Bin Saqib, CEO of Pakistan’s Crypto Council, suggests using runoff energy for Bitcoin mining to attract investment and establish Pakistan as a crypto hub. The council is exploring comprehensive regulatory frameworks and includes government officials and financial authorities.

Pakistan has shifted its stance on crypto, moving to regulate cryptocurrencies as legal tender on Nov. 4, 2024, following the US election. President Trump signed an executive order establishing the Working Group on Digital Assets and prohibited the government from researching or issuing a CBDC.

President Trump also signed an executive order creating a Bitcoin strategic reserve and digital asset stockpile in March 2025, likely including cryptocurrencies from US-based firms. This move follows the US’s pro-crypto policies and regulatory reform efforts in the digital asset space.

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