Pakistan Appoints Crypto Advisor Amid Energy Allocation for Bitcoin Mining
- Bilal Bin Saqib appointed as special assistant to Pakistan’s prime minister on blockchain and crypto.
- Pakistan allocates 2,000 megawatts of surplus electricity to bitcoin mining and AI centers.
- Saqib is also an advisor to World Liberty Financial and CEO of the Pakistan Crypto Council.
- Former Binance CEO Changpeng Zhao joined the Pakistan Crypto Council as an advisor in April.
- Pakistan’s foreign direct investment fell by 45% in February compared to the previous year.
The Pakistani government has positioned Bilal Bin Saqib as a key figure in its blockchain strategy, allocating significant energy resources toward crypto mining initiatives. This move aligns with efforts to attract foreign investment amidst declining figures.
Source (2.6)https://decrypt.co/322221/pakistan-world-liberty-financial-advisor-government-role-crypto?rand=52368
