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Search Results for: "Pakistan"

11:40

Pakistan, El Salvador discuss Bitcoin strategy and crypto collaboration.

Pakistan's Crypto Minister met with El Salvador's President to discuss Bitcoin strategies, including mining, reserves, and education. They also signed a letter of intent to collaborate on Bitcoin and digital asset initiatives.

16:50

Pakistan Bitcoin Mining Plan Stalls as IMF Rejects Power Subsidies

The IMF has rejected Pakistan's proposal to offer subsidized electricity for Bitcoin mining, citing risks of economic imbalances and market distortion. This decision casts doubt on Pakistan's plans to use surplus electricity to develop its cryptocurrency sector.