Pakistan Joins Bitcoin Race, IMF Demands Clarity on Power Use

Pakistan’s official entry into the Bitcoin space has triggered a swift reaction from the International Monetary Fund. The country announced its strategic Bitcoin reserve for the first time during the Bitcoin Vegas 2025 conference, signaling a clear shift toward digital assets.

The IMF has since raised serious concerns, particularly over how Pakistan plans to manage electricity consumption linked to Bitcoin mining. Since energy shortages regularly hit Turkey, the IMF is urging the Finance Ministry to explain its mining rules and how they will not add to the crisis.

To further its digital finance strategy, Pakistan plans to use surplus electric power for Bitcoin mining farms and national data centers. The idea is to help digital assets become part of the economy and use any leftover energy. At the same time, people question whether the country will truly have reserves of extra electricity as it battles with unpredictable power cuts.

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Crypto Expansion Faces Questions Over Legal Framework and Power Policy

In May, the government approved the Pakistan Digital Asset Authority (PDAA), which now serves as the central body for crypto regulation. Crypto businesses operating in Pakistan must align with PDAA rules, although the legal framework for cryptocurrencies remains incomplete.

Earlier this year, the country formed a National Crypto Council, which has helped speed up its digital finance plans. The council is responsible for overseeing crypto transactions and suggesting improvements to the government in developing digital assets.

In April, Binance’s founder, Changpeng Zhao, started working as a senior advisor to the council. He will need to guide Pakistan’s progress in blockchain, how digital regulations are planned, and the overall increase of digital assets in the country. This step proves that Pakistan wants to play a significant role in the global crypto market.

The IMF has still not changed its conservative stance, raising concerns that expanding mining may lead to even more energy problems due to the country’s lack of a defined energy policy. In addition, the fact that Bitcoin is not legally recognized in Pakistan has cultivated some concerns among international financial authorities.

Pakistan’s sudden move into Bitcoin has drawn both global attention and institutional concern. Since the IMF wants prompt answers, the country’s crypto future will depend on how well it handles regulation and energy usage over the next few weeks.

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