Pakistan Cryptocurrency Council CEO proposes using excess energy for BTC mining

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PANews
03-23
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PANews reported on March 23 that according to Cointelegraph, Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Commission, proposed using the country's surplus energy to power Bitcoin. The issue of mining was discussed at the first meeting of the Cryptocurrency Council on March 21. The establishment of the Cryptocurrency Commission is in stark contrast to the Pakistani government's previous stance on cryptocurrencies. In May 2023, former Secretary of Finance and Taxation Aisha Ghaus Pasha stated that cryptocurrencies would never be legal in the country.

Previous reports indicated that Pakistan plans to create a legal framework for cryptocurrency transactions to attract international investment.

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