The Pakistan Crypto Council, led by CEO Bilal Bin Saqib, has proposed leveraging the country's surplus energy for Bitcoin mining. This initiative was discussed during the council's inaugural meeting, which aimed to establish Pakistan as a crypto hub and attract foreign direct investment. Key participants included lawmakers and high-ranking officials from the Bank of Pakistan and the Securities and Exchange Commission. Senator Muhammad Aurangzeb emphasized the importance of building a transparent financial ecosystem to empower youth and position Pakistan as a leader in emerging technologies. This proposal marks a significant shift from Pakistan's previous anti-cryptocurrency stance, which had been largely driven by concerns over anti-money laundering regulations. The government's softened approach follows recent crypto-friendly developments in the United States, suggesting a new digital chapter for Pakistan's economy.

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