Pakistan’s bold Bitcoin bet draws IMF scrutiny

The International Monetary Fund (IMF) has criticized Pakistan’s decision to allocate 2,000 megawatts (MW) of electricity for cryptocurrency mining and artificial intelligence data centers, with the body expressing concerns over the move. Pakistan and the IMF remain in talks amid sensitive budget discussions. The IMF’s reservation comes days after the country unveiled its first government-led […] source: https://www.cryptopolitan.com/pakistan-bitcoin-bet-imf-scrutiny/