On July 3, 2025, the International Monetary Fund (IMF) rejected Pakistan's proposal to offer subsidized electricity tariffs to crypto mining operations. This decision has significantly impacted Pakistan's plans to become a regional cryptocurrency hub.
The IMF cited concerns about market distortions in Pakistan's strained power sector.
The IMF's rejection follows Pakistan's establishment of a strategic Bitcoin reserve and plans to allocate 2,000 megawatts of electricity to Bitcoin mining and AI data centers. The Power Division had proposed electricity at Rs 22–23 per kilowatt-hour (approximately $0.08–0.081) for crypto mining. The IMF approved only a three-month version of the plan.
As of July 3, 2025, Bitcoin (BTC) is trading at $109,641.00, with a slight increase of 0.00408% from the previous close. The intraday high is $110,387.00 and the intraday low is $108,624.00.