The International Monetary Fund (IMF) has declined Pakistan's request to leverage its surplus energy for providing lower electricity rates to the cryptocurrency mining industry, even though the nation possesses excess power capacity.
This decision comes amid ongoing discussions regarding the potential of Pakistan's energy resources in supporting its emerging cryptocurrency sector.
On Thursday, Independent Urdu reported on the IMF's stance, highlighting the challenges faced by Pakistan's proposal amidst its efforts to develop a more robust crypto mining environment.
