{"id":38922,"date":"2025-03-23T16:00:23","date_gmt":"2025-03-23T13:00:23","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=38922"},"modified":"2025-03-23T14:30:31","modified_gmt":"2025-03-23T11:30:31","slug":"bitcoin-mining-proposal-from-the-pakistan-crypto-council","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-mining-proposal-from-the-pakistan-crypto-council\/","title":{"rendered":"Bitcoin Mining Proposal from the Pakistan Crypto Council!"},"content":{"rendered":"<p class=\"\" data-start=\"2390\" data-end=\"2636\"><strong data-start=\"2390\" data-end=\"2409\">Bilal Bin Saqib<\/strong>, CEO of <strong data-start=\"2418\" data-end=\"2447\">Pakistan\u2019s Crypto Council<\/strong>, has proposed using the country\u2019s excess energy reserves to power <strong data-start=\"2514\" data-end=\"2531\">Bitcoin (BTC)<\/strong> mining operations. The proposal was made during the inaugural meeting of the Crypto Council on March 21.<\/p>\n<p class=\"\" data-start=\"2638\" data-end=\"2842\">According to <strong data-start=\"2651\" data-end=\"2665\">The Nation<\/strong>, the council aims to develop a comprehensive regulatory framework for cryptocurrencies to attract foreign direct investment (FDI) and position Pakistan as a leading crypto hub.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-proposal-from-the-pakistan-crypto-council\/#Support_from_Government_Officials\" title=\"Support from Government Officials\">Support from Government Officials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-proposal-from-the-pakistan-crypto-council\/#Pakistans_Shift_Toward_a_Pro-Crypto_Stance\" title=\"Pakistan\u2019s Shift Toward a Pro-Crypto Stance\">Pakistan\u2019s Shift Toward a Pro-Crypto Stance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-proposal-from-the-pakistan-crypto-council\/#Inspired_by_US_Pro-Crypto_Policies\" title=\"Inspired by U.S. Pro-Crypto Policies\">Inspired by U.S. Pro-Crypto Policies<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"2844\" data-end=\"2883\"><span class=\"ez-toc-section\" id=\"Support_from_Government_Officials\"><\/span>Support from Government Officials<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"2884\" data-end=\"3441\">The meeting brought together key stakeholders, including the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretary of Information Technology.<\/p>\n<hr \/>\n<p data-start=\"2884\" data-end=\"3441\"><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p class=\"\" data-start=\"2884\" data-end=\"3441\">Senator <strong data-start=\"3123\" data-end=\"3145\">Muhammad Aurangzeb<\/strong> commented on the initiative:<\/p>\n<p class=\"\" data-start=\"2884\" data-end=\"3441\"><em data-start=\"3177\" data-end=\"3441\">&#8220;This is the beginning of a new digital chapter for our economy. We are committed to building a transparent, future-ready financial ecosystem that attracts investment, empowers our youth, and puts Pakistan on the global map as a leader in emerging technologies.&#8221;<\/em><\/p>\n<h2 data-start=\"3443\" data-end=\"3492\"><span class=\"ez-toc-section\" id=\"Pakistans_Shift_Toward_a_Pro-Crypto_Stance\"><\/span>Pakistan\u2019s Shift Toward a Pro-Crypto Stance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3493\" data-end=\"3804\">This move marks a significant departure from Pakistan\u2019s earlier anti-crypto policies.<\/p>\n<p class=\"\" data-start=\"3493\" data-end=\"3804\">In May 2023, former Minister of State for Finance and Revenue <strong data-start=\"3643\" data-end=\"3664\">Aisha Ghaus Pasha<\/strong> stated that crypto would never be legalized in Pakistan, citing <strong data-start=\"3729\" data-end=\"3767\">Financial Action Task Force (FATF)<\/strong> regulations as the primary obstacle.<\/p>\n<p data-start=\"3493\" data-end=\"3804\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-151764 size-full\" src=\"https:\/\/coinmuhendisi.com\/blog\/wp-content\/uploads\/2025\/03\/pakistan.png\" alt=\"pakistan\" width=\"1228\" height=\"790\" \/><\/p>\n<h2 data-start=\"3806\" data-end=\"3848\"><span class=\"ez-toc-section\" id=\"Inspired_by_US_Pro-Crypto_Policies\"><\/span>Inspired by U.S. Pro-Crypto Policies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"\" data-start=\"3849\" data-end=\"4591\">Pakistan\u2019s new approach to cryptocurrencies closely follows developments in the United States. On November 4, 2024, coinciding with the U.S. elections, Pakistan\u2019s government legalized cryptocurrencies as a medium of exchange. After Donald Trump\u2019s re-election and his inauguration on January 20, 2025, the Trump administration quickly implemented pro-crypto policies.<\/p>\n<p class=\"\" data-start=\"3849\" data-end=\"4591\">On January 23, Trump signed an executive order establishing the <strong data-start=\"4286\" data-end=\"4321\">Working Group on Digital Assets<\/strong>, which prohibits research into central bank digital currencies (CBDCs). In March 2025, Trump also announced the creation of a <strong data-start=\"4450\" data-end=\"4479\">Bitcoin Strategic Reserve<\/strong> and a separate digital asset stockpile that will likely include cryptocurrencies developed by U.S.-based firms.<\/p>\n<hr \/>\n<p data-start=\"3849\" data-end=\"4591\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bilal Bin Saqib, CEO of Pakistan\u2019s Crypto Council, has proposed using the country\u2019s excess energy reserves to power Bitcoin (BTC) mining operations. The proposal was made during the inaugural meeting of the Crypto Council on March 21. According to The Nation, the council aims to develop a comprehensive regulatory framework for cryptocurrencies to attract foreign<\/p>\n","protected":false},"author":28,"featured_media":31934,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[307,13413,60,13412,5384,847,13414,5760,13411,13408,13410,13415,13407,13409],"class_list":["post-38922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-bitcoin-mining","tag-bitcoin-strategic-reserve","tag-btc","tag-cbdc-ban","tag-crypto-investment","tag-crypto-news","tag-crypto-friendly-countries","tag-digital-assets","tag-donald-trump-crypto-policy","tag-excess-energy-usage","tag-fatf-compliance","tag-investment-opportunities-pakistan","tag-pakistan-crypto-council","tag-pakistan-crypto-regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Mining Proposal from the Pakistan Crypto Council! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-mining-proposal-from-the-pakistan-crypto-council\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Mining Proposal from the Pakistan Crypto Council! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Bilal Bin Saqib, CEO of Pakistan\u2019s Crypto Council, has proposed using the country\u2019s excess energy reserves to power Bitcoin (BTC) mining operations. 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