- Pakistan reserves 2,000 megawatts of electricity for exclusive use in Bitcoin mining and Artificial Intelligence (AI) centers.
- The initiative is expected to drive billions of dollars in foreign investment and create high-tech jobs.
- The government will introduce tax incentives and import duty exemptions to attract crypto miners and AI firms.
- A new regulatory body, the Pakistan Digital Assets Authority, will oversee blockchain and crypto operations.
- Pakistan ranks ninth globally for crypto adoption and may have over 27 million crypto users by 2025.
Pakistan has set aside 2,000 megawatts of surplus electricity specifically for Bitcoin mining and artificial intelligence centers. This action forms a part of Pakistan’s broader digital development strategy, led by the Pakistan Crypto Council with support from the Ministry of Finance.
According to local media and the Ministry of Finance, the initial phase will channel extra energy to support digital infrastructure and crypto operations. Finance Minister Muhammad Aurangzeb stated that the move aims to attract significant foreign investment and generate employment in the country’s technology sector.
Plans include a second phase where the government will use renewable energy to power mining, balancing technology growth with environmental considerations. Multiple international delegations have reportedly visited Pakistan to assess partnership possibilities, as confirmed by officials. To encourage further investments, the government has announced tax incentives for AI centers and import duty exemptions for Bitcoin miners.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, described the development as a "turning point" for the nation’s digital economy. Saqib noted that establishing clear regulations and a transparent framework could position Pakistan as a major presence in the global crypto and AI industries. His initial proposal to use excess power for Bitcoin mining was discussed in a meeting with public officials, including parliament members and leaders from financial regulatory bodies.
On May 21, the Ministry of Finance officially approved the creation of the Pakistan Digital Assets Authority (PDAA). This authority will regulate and license blockchain-focused businesses, including crypto exchanges, custodians, token platforms, and decentralized finance projects. The PDAA will also handle tokenizing national assets and managing surplus electricity for mining under government supervision.
According to Chainalysis, Pakistan ranks ninth worldwide in crypto adoption, primarily due to strong retail use and activity on centralized trading platforms. Data from Statista estimates the country could surpass 27 million crypto users by 2025, out of a population of 247 million.
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