TechFlow news, May 31 — According to Cointelegraph, the Pakistani government plans to allocate 2,000 megawatts of electricity—equivalent to the annual output of two large power plants—for Bitcoin mining and AI data centers. The IMF (International Monetary Fund) has demanded that Pakistan’s finance ministry explain the legality of cryptocurrency mining and its electricity allocation policy without prior consultation, potentially complicating ongoing negotiations for Pakistan’s $30 billion extended loan program.
On May 21, Pakistan's finance ministry approved the establishment of the Pakistan Digital Assets Authority (PDAA), aiming to regulate trading platforms, stablecoins, and DeFi platforms in line with FATF standards. Bilal bin Saqib, the prime minister’s crypto advisor, announced at the Bitcoin 2025 conference last week the creation of a national Bitcoin strategic reserve. Pakistan had already formed a national crypto committee in February 2025 and appointed Binance co-founder CZ as an advisor in April.
