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Pakistan Crypto Council proposes using excess energy for BTC mining

Summary by Cointelegraph

Pakistan's Crypto Council held its inaugural meeting on March 21 to discuss comprehensive regulatory reform, including using excess energy to mine Bitcoin.

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TechJuice

PM Pushes for Crypto Growth: Pakistan Eyes $3.5 Billion Bitcoin Mining Plan

ISLAMABAD: In a move that signals Pakistan’s intent to embrace the future of digital finance, Prime Minister Shehbaz Sharif recently led a high-level discussion on integrating Bitcoin mining and real-world asset tokenization into the national economic framework. The meeting, attended by key government officials and global blockchain leaders, explored strategies to establish a $3.5 billion Bitcoin mining infrastructure while leveraging blockchain…

8 days ago

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MM News TV

PM Shehbaz holds high-level talks on Bitcoin mining

In a groundbreaking move, Pakistan has signaled its intent to embrace blockchain technology, with the government deliberating on strategic investments in Bitcoin mining and real-world asset tokenisation. A high-level meeting chaired by Prime Minister Shehbaz Sharif in Islamabad brought together key government officials and international blockchain leaders to discuss Pakistan’s potential as a global hub for digital finance. The meeting was attend…

8 days ago

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Daily Lead Pakistan

PM chairs groundbreaking meeting on Bitcoin mining & asset tokenization

ISLAMABAD: A high-level meeting chaired by Prime Minister Shehbaz Sharif deliberated on strategic investments in Bitcoin mining and the tokenization of real-world assets. This groundbreaking meeting signals Pakistan’s openness to embrace the digital economy and commitment to becoming a global hub for blockchain technology. The meeting was attended by prominent participants including Muhammad Ishaq Dar, Deputy Prime Minister and Foreign Minister;…

8 days ago

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The Market Periodical

Khurram Shroff Explores Bitcoin Mining in Georgia with UAE’s $1.4T U.S. Focus

Key Insights: Khurram Shroff explores Bitcoin mining opportunities in Georgia. UAE’s $1.4 trillion U.S. investment focuses on Bitcoin mining growth. Georgia’s energy and infrastructure attract Bitcoin mining investments. The United Arab Emirates (UAE) has committed to investing $1.4 trillion in the United States over the next decade, signaling a bold move into strategic sectors like infrastructure, technology, energy, and digital assets. The Mi…

9 days ago

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GlobalNewsIt

Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining – #CryptoUpdatesGNIT

Bitcoin futures open interest jumps 10% as price rally ignites trading frenzy on small exchanges Alpha 57 seconds ago Binance, the largest exchange by OI, experiences moderate growth, showing that most of the activity was concentrated on mid-sized exchanges. Source link The post Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining appeared first on #GlobalNewsIt.

9 days ago

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investincryptonews.com

Pakistan ramps up crypto-friendly efforts with plans for energy-efficient Bitcoin mining - Invest In Crypto News

Pakistan is pressing ahead with its crypto-friendly policies and plans to entice crypto mining operations and blockchain data centers to its shores. At the newly formed Pakistan Crypto Council’s (PCC) first meeting on Friday, members discussed channeling the country’s surplus energy to mine Bitcoin and other Proof-of-Work coins. PCC CEO Bilal Bin Saqib presented the surplus energy proposal, which involves utilizing Pakistan’s excess energy to po…

9 days ago

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