Pakistan Introduces New Crypto Tariff to Boost Mining Industry
March 25, 2025 – In a major step toward embracing the digital economy, Pakistan has announced a new electricity tariff policy designed to attract cryptocurrency mining operations. This initiative is aimed at leveraging the country’s surplus power supply while positioning Pakistan as a competitive player in the global crypto mining industry.
The country’s Power Division is collaborating with stakeholders to introduce a specialized tariff structure for blockchain-based data centers and mining facilities. The goal is to offer competitive electricity rates without government subsidies, ensuring both affordability for miners and economic viability for the power sector.
A Strategic Approach to Surplus Energy
Pakistan’s energy sector has long struggled with surplus electricity due to overcapacity in power generation. By offering miners discounted electricity rates, the government aims to convert excess energy into economic gains while reducing the burden of capacity payments on the national grid.
Federal Minister for Energy Awais Leghari highlighted the potential of this initiative, stating, “Pakistan is poised to turn its liabilities into assets by making use of its surplus electricity in an industry that promises significant economic returns.”
The Role of the Pakistan Crypto Council
The recently formed Pakistan Crypto Council (PCC), led by CEO Bilal Bin Saqib, is playing a crucial role in shaping the regulatory framework and ensuring the country’s integration into the global digital asset ecosystem. The PCC is engaging with stakeholders to design responsible policies for blockchain mining and data processing centers.
Finance Minister Muhammad Aurangzeb expressed support for the initiative, emphasizing that a clear and structured regulatory approach will help Pakistan become a hub for blockchain technology and cryptocurrency mining.
Read This : Cetoex Made Easy 8-Step Guide to Buying Crypto.
Global Implications and Future Prospects
The move comes at a time when bitcoin mining continues to consume vast amounts of electricity, surpassing the annual energy usage of entire nations like Argentina and the Netherlands. Pakistan’s strategy to offer competitive electricity rates could attract international miners seeking cost-effective solutions.
In addition to the new tariff structure, the government is working on legislation to regulate crypto mining, blockchain applications, and consumer protection. Pilot projects are also being planned to assess the impact of crypto mining on the economy and energy sector.
With this new policy, Pakistan aims to position itself as a forward-thinking player in the crypto economy, ensuring both economic benefits and a responsible regulatory framework. If successful, this initiative could transform Pakistan into a regional hub for blockchain-based industries, driving investment and innovation in the digital finance space.
Do Follow Us On Social Media And Keep Reading And Become Our Members
Related to this topic:
