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🇵🇰 Pakistan’s Latest Crypto News (June 2025)
Pakistan announced its first strategic Bitcoin reserve, aiming for long-term holding without selling.
The government allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers to attract foreign investment and create jobs.
Despite these moves, the State Bank of Pakistan (SBP) and Finance Ministry say crypto trading remains banned for now.
SBP clarified crypto isn’t illegal, but banks were barred in 2018 due to lack of regulations.
A key meeting on June 2, 2025, will discuss setting up a regulatory body (PVARA) for crypto oversight.
Public criticism is rising over using electricity for mining amid national power shortages.