10-4-2025 – Pakistan is mulling over an innovative strategy to power bitcoin mining operations and artificial intelligence data centres, marking a significant pivot towards technological advancement.
The ambitious initiative, spearheaded by Crypto Council Chief Executive Bilal Bin Saqib, who also serves as an advisor to Pakistan’s finance minister, comes at a crucial juncture. The nation has been grappling with excess energy capacity whilst contending with steep electricity tariffs, making this proposition particularly timely.
Discussions are already underway with numerous mining enterprises, as confirmed by Saqib to Reuters. The strategic placement of these mining facilities will be determined by regions boasting surplus power capacity.
This development follows Pakistan’s recent establishment of its Crypto Council, a move aligned with global cryptocurrency trends. Saqib, drawing parallels with America’s pro-cryptocurrency stance under President Trump’s administration, envisions Pakistan as an emerging powerhouse in blockchain-enabled finance.
“Pakistan’s days of watching from the sidelines are over,” declared Saqib, highlighting the nation’s position amongst the top ten global cryptocurrency adopters, despite the absence of formal regulations. The council’s roadmap includes establishing regulatory sandboxes to foster innovation in the digital currency sphere.
Adding significant weight to the initiative, former Binance chief executive Changpeng Zhao has joined the Pakistan Crypto Council in an advisory capacity. Zhao recently disclosed his involvement in consulting various governments on cryptocurrency regulatory frameworks and blockchain implementation for enhanced governmental efficiency.
