Overview

• Pakistan's finance ministry has allocated 2000 megawatts of surplus electricity for Bitcoin mining and AI data centers.
• The initiative, led by the government-backed Pakistan Crypto Council, is part of a broader strategy to harness blockchain technology.
• The move seeks to stabilize the energy grid, create high-tech job opportunities, and attract foreign investment to the country.
• Changpeng Zhao, co-founder of Binance, has been appointed as a strategic advisor to the Pakistan Crypto Council to guide its efforts.
• A partnership with World Liberty Financial has been signed to accelerate blockchain innovation within Pakistan.