IMF Warns Pakistan Over Bitcoin Reserve Amid Energy and Legal Concerns

IMF warns Pakistan over Bitcoin reserve plans, questioning legality and electricity use. Pakistan’s Bitcoin integration plans mirror El Salvador’s crypto push, raising concerns. The outcome of the IMF discussions will decide Pakistan’s future in digital asset adoption. The International Monetary Fund (IMF) is concerned about Pakistan’s recent plan to hold Bitcoin as a long-term investment. The Bitcoin Vegas 2025 conference was the first time the country officially revealed its strategic Bitcoin reserve . This is seen as a significant move for Pakistan in the digital finance sector, although it has raised questions from the IMF. Many have begun discussing if this is the start of “El Salvador 2.0” for Pakistan. The government is investing significant resources in supporting the digital asset industry. Yet, the IMF is concerned about these decisions, especially regarding whether cryptocurrencies are legal and how the power requirements for mining are handled. IMF Seeks Clarity on Pakistan’s BTC Plans Amid Energy Crisis The issues have not been fully explained by Pakistan, particularly since the country continues to experience ongoing energy shor… The post IMF Warns Pakistan Over Bitcoin Reserve Amid Energy and Legal Concerns appeared first on Coin Edition .

Source: Coin Edition