In a setback for Pakistan’s Bitcoin reserve plans, the IMF has rejected a proposal for subsidized electricity tariffs for Bitcoin mining. Secretary Power Dr Fakhray Alam Irfan posited that the IMF is firmly against targeted subsidies, even though Pakistan has surplus electricity during the winter months.
Breaking: IMF Blocks Pakistan’s Plan to Subsidize Electricity for Bitcoin Mining
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03 July 2025 07:06, UTC