IMF Flags Concern Over Pakistan’s Bitcoin Mining Plan


The Worldwide Financial Fund (IMF) has raised considerations over Pakistan’s choice to allocate 2,000 megawatts of electrical energy for Bitcoin mining and synthetic intelligence information facilities amid ongoing negotiations tied to the nation’s prolonged monetary program.

The initiative, announced last week, is designed to draw autonomous miners, blockchain firms, and AI companies to Pakistan.

Nevertheless, the IMF has raised crimson flags in regards to the transfer, requesting pressing clarification from the Finance Ministry relating to the legality of crypto mining and the facility allocations, notably because the nation struggles with continual power shortages and monetary pressures, according to a report by native information retailers Samaa.

Per the report, the IMF was not consulted previous to the announcement and is questioning the authorized standing of cryptocurrencies in Pakistan. The Fund has additionally voiced considerations over potential impacts on energy tariffs and useful resource distribution.

“There’s a concern of additional robust talks from the IMF on this initiative,” an official concerned within the ongoing negotiations reportedly mentioned. “The financial staff is already going through stiff questions, and this transfer has solely added to the complexities of the talks.”

Associated: Pakistan announces Bitcoin strategic reserve

IMF plans particular session on Bitcoin mining plan

The IMF delegation, presently conducting digital discussions with Pakistani officers, is predicted to schedule a separate session devoted to the federal government’s electrical energy plan for Bitcoin (BTC) mining and AI operations.

The electrical energy allocation is a part of a wider nationwide technique to combine digital property into Pakistan’s financial system. A key element of this plan is the institution of the Pakistan Digital Asset Authority (PDAA), permitted by the Finance Ministry on Could 21.

The PDAA will regulate exchanges, wallets, stablecoins, and DeFi platforms whereas overseeing the tokenization of nationwide property according to worldwide frameworks similar to these of the Monetary Motion Process Power (FATF).

The event follows Pakistan’s high-profile debut of its first strategic Bitcoin reserve on the Bitcoin Vegas 2025 convention final week — an occasion signaling Islamabad’s pivot towards digital finance.

Through the convention, Bilal bin Saqib, crypto adviser to Prime Minister Shehbaz Sharif, introduced the launch of a nationwide Bitcoin pockets and the federal government’s dedication to help the digital asset sector.

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Bilal Bin Saqib on the Bitcoin 2025 convention saying a Bitcoin strategic reserve. Supply: Cointelegraph

Associated: Pakistan appoints special assistant to PM on blockchain and crypto

Pakistan indicators new method to crypto sector

Pakistan’s authorities started shifting its stance on cryptocurrencies earlier this 12 months with the proposal of a “National Crypto Council” in February 2025.

The physique was tasked with drafting a complete regulatory framework for digital property and attracting international funding to the nation’s rising crypto ecosystem.

Among the many Council’s early proposals had been plans to utilize surplus energy for Bitcoin mining and information middle operations, in addition to constructing a nationwide Bitcoin reserve.