IMF expresses concern over Pakistan’s Bitcoin reserve
Pakistan's new energy policy, targeting the cryptocurrency sector, has raised concerns among the International Monetary Fund
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)
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