$BTC 🇵🇰 Pakistan's Bold Leap: 2,000MW Allocated for Bitcoin Mining & AI

Pakistan is making waves in the crypto world by allocating 2,000 megawatts of surplus electricity to power Bitcoin mining and AI data centers. This strategic move aims to transform idle energy into a $3.3 billion annual revenue stream, positioning the nation as a formidable player in the digital economy.

Key Highlights:

National Bitcoin Reserve: Pakistan plans to establish a sovereign Bitcoin reserve, holding assets in a national wallet without intentions to sell, signaling a long-term commitment to digital currency.

Investment Incentives: The government offers tax breaks and duty exemptions to attract global crypto miners and AI firms.

Strategic Leadership: The initiative is spearheaded by the Pakistan Crypto Council (PCC), with Bilal Bin Saqib as CEO and Changpeng Zhao, Binance founder, serving as a strategic adviser.

Regulatory Framework: The Pakistan Digital Assets Authority (PDAA) is being established to oversee and regulate digital assets, ensuring a transparent and secure environment for investors.

Why It Matters:

With a tech-savvy youth population and a strategic geographic location bridging Asia, Europe, and the Middle East, Pakistan is poised to become a global hub for digital innovation. This initiative not only addresses energy surplus challenges but also opens doors for foreign investment and technological advancement.

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