The IMF is questioning Pakistan’s allocation of 2,000 MW for Bitcoin mining amid ongoing financial negotiations, raising concerns about legality, energy shortages, and fiscal pressures. Here’s a breakdown of the situation.
Tag: IMF
Crypto News Today: IMF Concerns Over Pakistan Mining, BlackRock ETF Outflow, MEXC Fraud Surge
A quick rundown of today’s top crypto news: IMF raises concerns about Pakistan’s Bitcoin mining plans, BlackRock’s IBIT ETF sees its largest outflow ever, and MEXC reports a massive spike in fraudulent activity.
IMF Flags Concerns Over Pakistan’s Bitcoin Mining Power Plan: Impact on Crypto?
The IMF is scrutinizing Pakistan’s allocation of 2,000 MW for Bitcoin mining amid economic woes. What does this mean for the country’s crypto ambitions and the broader market?
IMF Signals Continued Pressure on El Salvador’s Bitcoin Holdings Amidst $120M Deal
The IMF and El Salvador have reached a $120 million payment agreement, but the IMF is pushing for limitations on El Salvador’s Bitcoin activities, raising questions about the country’s crypto strategy.
IMF’s $120M Deal with El Salvador: Will Bitcoin Buys Finally Stop?
The International Monetary Fund (IMF) and El Salvador have reached a $120 million agreement, but a key condition is limiting further government involvement in Bitcoin. Will El Salvador comply?