IMF Questions Pakistan's Bitcoin Mining Electricity Plan, Demands Urgent Clarification of Legitimacy

Blockbeats

05-31

BlockBeats News, May 31st. According to Cointelegraph, the Pakistani government plans to reserve 2,000 megawatts of electricity for Bitcoin mining and AI data centers, equivalent to the annual capacity of 2 large power plants. The IMF (International Monetary Fund) has requested the Pakistani Ministry of Finance to explain the legality of crypto mining and electricity allocation policy without prior consultation, which may complicate the ongoing $3 billion loan program negotiations for Pakistan.

On May 21st, the Pakistani Ministry of Finance approved the establishment of the Pakistan Digital Assets Authority (PDAA), which aims to regulate exchanges, stablecoins, and DeFi platforms based on FATF standards. Prime Minister's crypto advisor Bilal bin Saqib made a high-profile announcement at the Bitcoin 2025 conference last week to establish a national Bitcoin strategic reserve. Pakistan had already established a National Crypto Council in February 2025 and appointed Binance co-founder CZ as an advisor in April.

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According to Cointelegraph, the Pakistani government plans to reserve 2,000 megawatts of electricity for Bitcoin mining and AI data centers, equivalent to the annual capacity of 2 large power plants. The IMF (International Monetary Fund) has requested the Pakistani Ministry of Finance to explain the legality of crypto mining and electricity allocation policy without prior consultation, which may complicate the ongoing $3 billion loan program negotiations for Pakistan.</p><p>On May 21st, the Pakistani Ministry of Finance approved the establishment of the Pakistan Digital Assets Authority (PDAA), which aims to regulate exchanges, stablecoins, and DeFi platforms based on FATF standards. Prime Minister's crypto advisor Bilal bin Saqib made a high-profile announcement at the Bitcoin 2025 conference last week to establish a national Bitcoin strategic reserve. Pakistan had already established a National Crypto Council in February 2025 and appointed Binance co-founder CZ as an advisor in April.</p></div></body></html>","source":"theblockbeats_live","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IMF Questions Pakistan's Bitcoin Mining Electricity Plan, Demands Urgent Clarification of Legitimacy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIMF Questions Pakistan's Bitcoin Mining Electricity Plan, Demands Urgent Clarification of Legitimacy\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Blockbeats</strong><span class=\"h-time small\">2025-05-31 19:14</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><div><p>BlockBeats News, May 31st. According to Cointelegraph, the Pakistani government plans to reserve 2,000 megawatts of electricity for Bitcoin mining and AI data centers, equivalent to the annual capacity of 2 large power plants. The IMF (International Monetary Fund) has requested the Pakistani Ministry of Finance to explain the legality of crypto mining and electricity allocation policy without prior consultation, which may complicate the ongoing $3 billion loan program negotiations for Pakistan.</p><p>On May 21st, the Pakistani Ministry of Finance approved the establishment of the Pakistan Digital Assets Authority (PDAA), which aims to regulate exchanges, stablecoins, and DeFi platforms based on FATF standards. Prime Minister's crypto advisor Bilal bin Saqib made a high-profile announcement at the Bitcoin 2025 conference last week to establish a national Bitcoin strategic reserve. Pakistan had already established a National Crypto Council in February 2025 and appointed Binance co-founder CZ as an advisor in April.</p></div></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://www.theblockbeats.info//en/flash/296341\">Blockbeats</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.theblockbeats.info//en/flash/296341","article_id":"2539786451","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539786451","pubTimestamp":1748690040,"columns":[],"sourceInfo":{"source_id":"theblockbeats_live","name":"Blockbeats快讯"},"weMediaInfo":null,"summary":"BlockBeats News, May 31st. 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The IMF (International Monetary Fund) has requested the Pakistani Ministry of Finance to explain the legality of crypto mining and electricity allocation policy without prior consultation, which may complicate the ongoing $3 billion loan program negotiations for Pakistan.On May 21st, the Pakistani Ministry of Finance approved the establishment of the Pakistan Digital Assets Authority (PDAA), which aims to regulate exchanges, stablecoins, and DeFi platforms based on FATF standards. Prime Minister's crypto advisor Bilal bin Saqib made a high-profile announcement at the Bitcoin 2025 conference last week to establish a national Bitcoin strategic reserve. 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