PANews reported on March 23 that according to Cointelegraph, Bilal Bin Saqib, CEO of the Pakistan Cryptocurrency Council, proposed using the country's excess energy to power Bitcoin. On March 21, the issue of mining was discussed at the first meeting of the Cryptocurrency Council. The establishment of the Cryptocurrency Council is in stark contrast to the Pakistani government's previous stance on cryptocurrencies. In May 2023, former Minister of State for Finance and Taxation Aisha Ghaus Pasha said that cryptocurrencies would never be legal in the country.
Earlier news , Pakistan plans to create a legal framework for cryptocurrency transactions to attract international investment.
