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COINTURK NEWS > Cryptocurrency Mining > Pakistan Seizes Excess Electricity to Boost Digital Infrastructure
Cryptocurrency Mining

Pakistan Seizes Excess Electricity to Boost Digital Infrastructure

In Brief

  • Pakistan plans to utilize surplus electricity for digital infrastructure projects.

  • Recent appointments reflect a strategic focus on cryptocurrency and digital transformation.

  • Efforts aim to improve energy efficiency and stimulate economic growth.

Fatih Uçar
Fatih Uçar 3 months ago
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Pakistan is reportedly planning a policy shift to utilize its surplus electricity for digital infrastructure projects. This new direction aims to harness energy resources specifically for the development of certain digital technologies within the country.

Contents
Energy Policy and Digital TransformationStrategic Steps and New Advisor

Energy Policy and Digital Transformation

According to local sources, structural issues in Pakistan’s energy sector, such as high electricity tariffs and a continuously growing surplus capacity, have laid the groundwork for this new transformation policy. The efficient use of excess electricity aims to enhance economic opportunities and improve the return on energy investments.

Bilal Bin Saqib, the President of the Pakistan Crypto Council and an advisor to the Finance Minister, commented on the situation. He stated that following discussions, contacts have been established with various digital infrastructure firms.

Bilal Bin Saqib: “We welcome companies visiting Pakistan for digital infrastructure assessment. We believe now is the right time.”

Strategic Steps and New Advisor

The government’s recent appointment of Changpeng Zhao, an experienced figure in the crypto field, as a strategic advisor reflects the region’s growing interest in digital transformation based on cryptocurrency. This appointment is seen as an effort to accelerate behavioral changes towards crypto adoption.

Bilal Bin Saqib invited international firms to evaluate Pakistan’s digital infrastructure potential during a Bloomberg interview last March. He noted that channeling the current surplus electricity into areas such as Bitcoin $107,424 mining could benefit the national economy.

Additionally, the official addressed the recent changes in U.S. cryptocurrency asset regulations. All these steps are interpreted as part of Pakistan’s economic and technological transformation process.

The anticipated policies are expected to address inefficiencies in the energy sector while enabling increased investment in digital technologies.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 10 April, 2025 - 4:19 am 10 April, 2025 - 4:19 am
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