From Cointelegraph

May 31, 2025 6:08 am:

The IMF raises concerns over Pakistan’s decision to allocate 2,000 MW of electricity for Bitcoin mining and AI centers, with questions about legality and impact on power tariffs. The move was announced last week to attract autonomous miners and blockchain companies, but the IMF was not consulted beforehand.

The IMF plans a special session on Pakistan’s electricity plan for Bitcoin mining and AI operations, part of a broader strategy to integrate digital assets into the economy. The Pakistan Digital Asset Authority (PDAA) was approved to regulate exchanges and oversee tokenization in line with FATF guidelines.

Pakistan signals a new approach to the crypto sector with the proposal of a National Crypto Council in February. The council aims to draft a regulatory framework for digital assets and attract foreign investment. Plans include utilizing surplus energy for mining, building a Bitcoin reserve, and appointing Binance co-founder Changpeng Zhao as an adviser.

Read more at Cointelegraph: IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan