How Pakistan Plans to Turn Excess Power Into a Crypto & AI Boom
Pakistan has approved 2,000 megawatts of surplus electricity for Bitcoin mining and AI data centers as part of a new national strategy. The initiative, led by the Pakistan Crypto Council, aims to utilize excess energy capacity and attract foreign investment.
To encourage growth, the government has introduced tax incentives for AI centers and duty exemptions for Bitcoin mining operations. A second phase will prioritize renewable energy sources to ensure sustainable expansion.
With over 27 million expected crypto users by 2025, Pakistan ranks among the top 10 in global crypto adoption. The newly established Pakistan Digital Assets Authority will regulate exchanges, custodians, and DeFi platforms to ensure compliance and security.
Post a Comment
0 Comments