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Pakistan is allocating 2,000. The electricity generated from unutilized coal and expanding solar power is being converted into MW for Bitcoin mining and AI data centers. Pakistan's efforts to promote energy recovery, foreign investment, high-tech employment and AI innovation are intended to establish the country as a regional hub for blockchain technology, cryptocurrency mining, and artificial intelligence. The PDAA was created to oversee the cryptocurrency industry, offering transparency and protection for investors and entrepreneurs.
The government has introduced tax breaks and duty exemptions for mining equipment to lure international companies and is now planning to incorporate renewable energy sources in the second phase to ensure sustainable development. Leading the project is the Pakistan Crypto Council (PCC), led by CEO Bilal Bin Saqib and supported by Changpeng Zhao, the founder of Binance.
The country is also a major player in South Asia, with Pakistan having around 15-20 million crypto users and more expected to be over 27 million by 2025.
