#BTC

IMF Vetoes Bitcoin (BTC) Move of the Country Where CZ Is an Advisor!

Pakistan, under the adviser of Binance founder CZ, has announced significant Bitcoin (BTC) plans.

At this point, just three days after CZ’s appointment, Bilal Bin Saqib, chairman of the Pakistan Crypto Council and advisor to the Minister of Finance, announced that the country plans to allocate a portion of its surplus electricity to Bitcoin mining and AI data centers.

Pakistan later also announced that it would establish a strategic Bitcoin reserve.

However, Pakistan’s Bitcoin moves have hit a snag with the IMF, which has rejected Pakistan’s Bitcoin mining power subsidy plan.