From Cointelegraph

May 25, 2025 5:48 am:

Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and AI centers. The move is part of a digital transformation plan led by the Pakistan Crypto Council and supported by the Ministry of Finance. The initiative aims to attract foreign investment and create high-tech jobs across the country.

To attract investors, Pakistan offers tax incentives and duty exemptions for Bitcoin miners and AI centers. Foreign interest in mining and AI in Pakistan is growing, with multiple delegations exploring potential partnerships. The Ministry of Finance hopes these incentives will further boost investment in the country’s digital economy.

Pakistan creates the Pakistan Digital Assets Authority (PDAA) to regulate blockchain-based financial infrastructure. The PDAA will oversee licensing and regulating exchanges, custodians, wallets, tokenized platforms, stablecoins, and DeFi applications. It will also tokenize national assets, facilitate Bitcoin mining, and support startups in developing blockchain solutions at scale.

Pakistan ranks 9th in Chainalysis’ 2024 crypto adoption index, driven by strong retail adoption and transactions at centralized services. Statista data shows rapid growth in Pakistan’s crypto market, estimating over 27 million crypto users by 2025 out of a population of 247 million. The country’s digital economy is poised for significant growth and development.

Read more at Cointelegraph: Pakistan allocates 2,000MW power for Bitcoin mining and AI centers