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Pakistan allocates 2,000MW power for Bitcoin mining and AI centers

Pakistan has allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers.

The move is part of a broader digital transformation plan spearheaded by the Pakistan Crypto Council and backed by the Ministry of Finance, according to a May 25 report by local news outlet 24NewsHD TV Channel.

In the first phase, the government plans to channel excess power into AI infrastructure and crypto mining operations. Finance Minister Muhammad Aurangzeb said the decision is expected to attract billions in foreign investment while generating high-tech employment across the country.

The initiative’s second phase will introduce access to renewable energy for mining operations, aiming to balance growth with environmental responsibility.

Related: Trump-backed World Liberty Financial partners with Pakistan Crypto Council

Pakistan unveils tax incentives to attract investors

Per the report, interest from international Bitcoin (BTC) miners and AI firms has already picked up. Officials confirmed that multiple foreign delegations have visited Pakistan in recent months to explore potential partnerships.

To further incentivize investment, the Ministry of Finance announced a package of tax incentives for AI centers and duty exemptions for Bitcoin miners.

Bilal Bin Saqib, CEO of Pakistan’s Crypto Council, reportedly welcomed the development, calling it a “turning point” for the country’s digital economy.

Saqib claimed that with clear regulations and a transparent framework, Pakistan could emerge as a significant player in the global crypto and AI sectors.

Saqib first proposed using the country’s runoff energy to fuel Bitcoin mining at the Crypto Council’s inaugural meeting on March 21.

The meeting included lawmakers, the Bank of Pakistan’s governor, the chairman of Pakistan’s Securities and Exchange Commission (SECP), and the federal information technology secretary.

Related: Pakistan proposes compliance-based crypto regulatory framework — Report

Pakistan creates Digital Asset Authority

On May 21, Pakistan’s Ministry of Finance endorsed the creation of a dedicated body to regulate blockchain-based financial infrastructure in the country.

The Pakistan Digital Assets Authority (PDAA) will serve as a regulatory body to oversee licensing and regulating exchanges, custodians, wallets, tokenized platforms, stablecoins, and decentralized finance applications.

The PDAA will also be tasked with tokenizing national assets and government debt, facilitating monetization of Pakistan’s surplus electricity through regulated Bitcoin mining, and helping startups build blockchain-based solutions at scale.

Pakistan ranked highly in Chainalysis’ 2024 crypto adoption index, coming in ninth, mainly due to strong retail adoption and transactions at centralized services.

Pakistan allocates 2,000MW power for Bitcoin mining and AI centers
Pakistan ranked highly in Chainalysis’ 2024 crypto adoption index, coming in 9th. Source: Chainalysis

Data from Statista also shows Pakistan’s crypto market is “experiencing rapid growth,” estimating the number of crypto users to amount to over 27 million by 2025, out of a population of 247 million.

Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24

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More children from Gaza to be brought to UK for urgent medical treatment

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More children from Gaza to be brought to UK for urgent medical treatment

Efforts to bring Gazan children to the UK for urgent medical treatment are set to be accelerated under new government plans.

Under the scheme, reportedly set to be announced within weeks, more injured and sick children will be treated by specialists in the NHS “where that is the best option for their care”.

It has been suggested that up to 300 children could arrive in the UK from Gaza.

A parent or guardian will accompany each child, as well as siblings if necessary, and the Home Office will carry out biometric and security checks before travel, the Sunday Times has reported.

It is understood this will happen “in parallel” with an initiative by Project Pure Hope, a group set up to bring sick and injured Gazan children to the UK privately for treatment.

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A 15-year-old boy from Gaza brought to the UK for urgent medical treatment this week has told Sky News of his joy and relief. Majd lost part of his face as well as his entire jaw and all his teeth in a tank shell explosion.

A government spokesperson said: “We are taking forward plans to evacuate more children from Gaza who require urgent medical care, including bringing them to the UK for specialist treatment where that is the best option for their care.”

More than 50,000 children are estimated to have been killed or injured in Gaza since October 2023, according to Unicef.

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So far, three children have arrived in the UK for medical treatment with the help of the charity Project Pure Hope.

Around 5,000 have been evacuated in total, with the majority going to Egypt and Gulf countries.

Sir Keir Starmer said last week that the UK was “urgently accelerating” efforts to bring children over for treatment.

The government has also pledged another £1m to help the World Health Organisation in Egypt provide medical support to evacuated Gazans.

The prime minister told the Mirror: “I know the British people are sickened by what is happening.

“The images of starvation and desperation in Gaza are utterly horrifying. We are urgently accelerating efforts to evacuate children from Gaza who need critical medical assistance – bringing more Palestinian children to the UK for specialist medical treatment.”

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Around 100 MPs have signed a letter urging the government to fast track the scheme.

Labour MP Stella Creasy, who co-ordinated the letter, said: “The commitment we all share to help these children remains absolute and urgent – with every day, more are harmed or die, making the need to overcome any barriers to increasing the support we give them imperative.

“We stand ready to support whatever it takes to make this happen and ask for your urgent response.”

Meanwhile, Project Pure Hope has been campaigning for months to create a scheme which would allow for the evacuation of 30 to 50 children.

The charity has raised the money to bring the children and their families to the UK, and cover their medical costs, privately.

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The token is dead, long live the token

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The token is dead, long live the token

The token is dead, long live the token

Crypto tokens have failed retail investors through insider concentration and poor design. Regulation and tokenized real-world assets offer hope for revival.

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Clampdown on social media ads for Channel crossings unveiled

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Clampdown on social media ads for Channel crossings unveiled

Anyone who advertises Channel crossings or fake passports on social media could face up to five years in prison under new government plans.

Research suggests about 80% of migrants arriving to the UK by small boat used internet platforms during their journey – including to contact agents linked to smuggling gangs.

While it is already illegal to assist illegal immigration, ministers hope the creation of a new offence will give police more powers and disrupt business models.

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Small boat crammed with migrants in Channel

Home Secretary Yvette Cooper is also planning to introduce a fast-track scheme to tackle the asylum backlog, meaning decisions will be made within weeks.

It comes as official figures show more than 25,000 people have arrived on small boats so far in 2025 – a record for this point in the year.

Ms Cooper said it is “immoral” for smugglers to sell false promises online, adding: “These criminals have no issue with leading migrants to life-threatening situations using brazen tactics on social media.

“We are determined to do everything we can to stop them, wherever they operate.”

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The new offence prohibiting the online promotion of Channel crossings is set to be included in the Border Security, Asylum and Immigration Bill already going through Parliament.

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More migrants arrive in Dover

Officials from the National Crime Agency already work with tech giants to remove such posts – with more than 8,000 taken offline last year.

A Preston-based smuggler who was jailed for 17 years had posted videos of migrants thanking him for his help.

Meanwhile, Albanian smugglers have created promotions for £12,000 “package deals” which claim to offer accommodation and a job in the UK on arrival.

The Conservatives have described the measures as “too little, too late” – and say automatic deportations are the only way to tackle small boat crossings.

Shadow home secretary Chris Philp said: “Labour still has no clear plan to deter illegal entry, no effective enforcement and no strategy to speed up removals. This is a panicked attempt to look tough after months of doing nothing.”

Read more UK news:
Inside prison doing family visits differently
UK’s most wanted man on run for 20 years
Couple relive watching hours of riot chaos

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Waves and kisses from asylum hotel window

It comes as protests outside hotels believed to be housing asylum seekers continue in towns and cities across the UK.

Several demonstrators were detained – with police breaking up brief clashes – outside the Thistle City Barbican Hotel in north London yesterday.

The government is legally required to provide accommodation and subsistence to destitute asylum seekers while their claims are being decided, most of whom are prohibited from working.

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