{"id":153560,"date":"2025-03-24T09:00:46","date_gmt":"2025-03-24T07:00:46","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153560"},"modified":"2025-03-23T18:23:36","modified_gmt":"2025-03-23T16:23:36","slug":"pakistan-eyes-crypto-future-with-energy-powered-bitcoin-mining-initiative","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pakistan-eyes-crypto-future-with-energy-powered-bitcoin-mining-initiative\/","title":{"rendered":"Pakistan Eyes Crypto Future with Energy-Powered Bitcoin Mining Initiative"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/www.nation.com.pk\/22-Mar-2025\/pcc-holds-inaugural-meeting-focuses-on-regulatory-clarity-blockchain-potential\" target=\"_blank\">proposal<\/a><\/strong>, shared during the council&#8217;s first official gathering, is part of a broader strategy to position Pakistan as a hub for cryptocurrency innovation.<\/p>\n<p>The meeting brought together key figures, including high-ranking officials from Pakistan&#8217;s financial sector and government. Alongside discussing energy utilization, the council is also working on creating a regulatory framework aimed at drawing foreign investment and ensuring the country remains competitive in the rapidly evolving digital asset sector.<\/p>\n<p>Senator Muhammad Aurangzeb highlighted that this initiative signals a new direction for Pakistan\u2019s economy, aiming to build a modern, transparent financial ecosystem that benefits its youth and secures the country\u2019s place on the global tech map.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-faces-uncertainty-as-tariffs-and-interest-rates-weigh-on-markets\/\" title=\"Bitcoin Faces Uncertainty as Tariffs and Interest Rates Weigh on Markets\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/1455-5d0130aae31dc-240x170.\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Faces Uncertainty as Tariffs and Interest Rates Weigh on Markets<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This shift marks a notable change from the government\u2019s previous stance, particularly following the strong anti-crypto rhetoric from former finance minister Aisha Ghaus Pasha, who in May 2023, made it clear that the government would never legalize crypto, citing concerns over anti-money laundering compliance under international standards such as those from the Financial Action Task Force (FATF).<\/p>\n<p>However, Pakistan is not alone in its evolving stance on digital currencies. The country&#8217;s recent move to regulate cryptocurrencies coincided with global trends, particularly in the U.S., where similar actions have been taken. After the re-election of President Donald Trump in November 2024, the U.S. quickly moved to adopt crypto-friendly policies. In January 2025, Trump signed an executive order to create the Working Group on Digital Assets, focusing on comprehensive digital asset regulations and prohibiting the development of a U.S. central bank digital currency (CBDC). Additionally, the U.S. government has been working to establish a strategic <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>reserve, reflecting the growing importance of digital assets globally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan&#8217;s push to become a global crypto leader took a significant turn on March 21 when Bilal Bin Saqib, CEO of the Crypto Council of Pakistan, suggested harnessing the country&#8217;s surplus energy for Bitcoin mining.<\/p>\n","protected":false},"author":9,"featured_media":23686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-153560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO 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