🚨 IMF Blocks Pakistan’s Bitcoin Mining Subsidy Plan

🇵🇰 In a major roadblock to Pakistan’s ambitions of building Bitcoin reserves, the IMF has rejected a proposal to offer subsidized electricity tariffs for crypto mining.

🔍 Key Highlights:

◾️ Pakistan aimed to utilize surplus winter electricity to mine Bitcoin.

◾️ Secretary Power Dr. Fakhray Alam Irfan revealed the IMF’s strict stance against targeted subsidies.

◾️ The move sparks uncertainty around the country’s crypto mining and reserve strategy.

🌐 As developing nations explore innovative ways to participate in the digital asset economy, global financial institutions like the IMF are still drawing hard lines.

#Bitcoin #Pakistan #IMF #CryptoMining #DigitalAssets

https://coingape.com/breaking-imf-blocks-pakistans-plan-to-subsidize-electricity-for-bitcoin-mining/?utm_source=bnb&utm_medium=coingape