Pakistan recently allocated 2,000 megawatts to bitcoin mining and AI centers. The move, which was not discussed with the International Monetary Fund, has raised concerns.

The country announced plans to create its first government reserve in BTC, as well as the Pakistan Digital Assets Authority, which will regulate the crypto ecosystem.

Without being consulted, the IMF has expressed deep concern about the legality of these decisions, as well as “their fiscal impact and the use of energy resources in a context of scarcity.”

Pakistan made the announcements during the Bitcoin 2025 Conference in Las Vegas, where it also announced the launch of a “state-owned digital wallet.” This initiative marks a radical shift in the country’s financial policy, shifting toward the digital economy as a strategic axis of development.

IMF representatives have requested clarification from the Ministry of Finance on the “legality of the movement and allocation of energy, especially considering the chronic electricity shortages and the country’s fiscal constraints.”

The international organization has reiterated the requirement for prior approval for new policy measures. In any case, Pakistan’s decisions are part of a broader government strategy to integrate digital assets into its national economy. In addition to the creation of the Pakistan Digital Assets Authority (PDAA), the country will launch “crypto exchanges, wallets, stablecoins, and decentralized finance (DeFi) platforms.”

M.Pino

Source: diariobitcoin

(Reference image source: Kanchanara on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada IMF expresses concern over Pakistan’s Bitcoin reserve apareció primero en Bitfinance.

Payments in dollars, the US currency, have declined alarmingly during the first months of 2025, according to the retail sector in Venezuela.

The sector has pointed out that “the use of US dollars as a payment method in retail stores has fallen by up to 60 %,” according to data from the National Federation of Commerce (Fedecomercio).

This is an alarming trend, reflecting a significant decline in the preference for the dollar for daily transactions, according to José Lossada, president of the association.

Lossada emphasized that in the first four months of the year, “the majority of transactions, approximately 75 %,” were made in bolivars.

This change in Venezuelan payment methods reflects the difficulties people face in obtaining foreign currency from public and private institutions, “in addition to the high costs associated with its acquisition. This sustained trend affects the stability of operations and the financial planning of businesses seeking to adapt to the new market reality.”

M.Pino

Source: elperiodiquito

(Reference image source: Alexander Grey on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Drop in dollar payments worries the retail sector apareció primero en Bitfinance.