<ul data-eligibleForWebStory="false"><li>The IMF has rejected Pakistan's proposal to subsidize electricity for industries, including the crypto mining sector, due to concerns about market destabilization.</li><li>Despite having surplus energy capacity, Pakistan's plan to offer cheaper electricity for crypto mining faced rejection by the IMF.</li><li>The IMF raised fears regarding potential economic imbalances and market complications that could arise from Pakistan's energy pricing mechanism.</li><li>The Pakistan Crypto Council proposed using excess energy for crypto mining, but the IMF's reservations have led to consultations with international institutions for further improvement.</li></ul>

IMF Rejects Pakistan’s Plan To Subsidize Power For Crypto Mining, Cites Market Destabilization Concerns

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