<ul data-eligibleForWebStory="false"><li>The International Monetary Fund (IMF) has rejected Pakistan's plan to offer subsidised electricity for cryptocurrency mining operations.</li><li>IMF expressed concerns about possible market distortions and long-term effects on Pakistan's power industry due to the subsidy plan.</li><li>The IMF raised alarm on the imbalance in the economy that could arise from the proposed electricity consumption rates for crypto mining operations.</li><li>The rejection challenges Pakistan's Bitcoin infrastructure plans and raises doubts about its intentions in the digital asset world.</li></ul>

IMF Rejects Pakistan’s Plan to Offer Subsidised Power for Crypto Mining Operations

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