Key Takeaways:
i) Pakistan aims to utilize its excess power capacity for new technological ventures.
ii) This initiative could potentially boost Pakistan’s economy and its standing in the tech world.
iii) The plan involves allocating power to both Bitcoin mining and AI data centers.
Islamabad, Pakistan – April 10, 2025 – Pakistan is reportedly planning to allocate its surplus power for Bitcoin mining and the development of AI data centers.
The article on Binance Square suggests that Pakistan is considering leveraging its surplus energy resources to support the growth of the digital economy. This move could signal a strategic shift towards embracing new technologies.
The government has established the Pakistan Crypto Council to formulate regulatory guidelines for cryptocurrency trading and to integrate blockchain technology into the financial framework.
The decision to allocate power to both Bitcoin mining and AI data centers indicates a dual approach, potentially fostering growth in both the cryptocurrency and artificial intelligence sectors.
Pakistan has recently shown a significant shift towards embracing the digital asset landscape. The government has established the Pakistan Crypto Council to formulate regulatory guidelines for cryptocurrency trading and to integrate blockchain technology into the financial framework.
This move is aimed at attracting foreign investment and leveraging the country’s large youth population in the Web3 space. While the State Bank of Pakistan had previously maintained a cautious stance, the growing number of crypto users in the country has prompted a re-evaluation, with authorities now exploring ways to regulate the sector to ensure investor protection and financial stability, while also aligning with international standards and FATF guidelines.