#CEXvsDEX101 Pakistan Government Approves Bitcoin Mining: A New Era for Crypto Adoption

The Pakistani government has taken a significant step towards embracing cryptocurrency by approving Bitcoin mining, a move that could potentially boost the country's economy. This decision comes as part of the government's efforts to utilize excess electricity for productive purposes.

Key Highlights of Pakistan's Bitcoin Mining Initiative

- *Allocation of Electricity*: The government has allocated 2,000 megawatts of excess electricity for Bitcoin mining and high-performance AI data centers, inviting miners and infrastructure players to set up operations in Pakistan.