#CryptoPakistan #SecureYourAssets #marketRebound #TariffsPause
1. Pakistan's Initiative with Bitcoin Mining and AI Data Centers
Pakistan is planning to utilize its surplus electricity by supporting Bitcoin mining and AI data centers. Bilal Bin Saqib, head of the Pakistan Crypto Council and adviser to the finance minister, stated that this initiative aims to address the country's overcapacity in the energy sector and high electricity tariffs. Changpeng Zhao, founder of Binance, who was recently sentenced in the U.S. for money laundering violations, will serve as a strategic adviser to the council. His role includes supporting blockchain infrastructure, regulatory frameworks, and national digital initiatives. Pakistan, with an estimated 15-20 million crypto users, aims to boost innovation through regulatory sandboxes and position the country as a global tech talent hub.