IMF objects to Pakistan’s 2,000MW power allocation for crypto mining – SUCH TV
The International Monetary Fund (IMF) has raised concerns over Pakistan’s plan to allocate 2,000 megawatts (MW) of electricity for cryptocurrency mining. According to sources, the IMF demanded details on the pricing of cryptocurrency mining power supply. During ongoing budget negotiations for the fiscal year 2025-26, the IMF instructed Pakistan to avoid offering subsidized rates for…
