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Govt weighs greenfield status, subsidised power for crypto sector

Published on: October 29, 2025 10:08 PM

The federal government is considering granting greenfield industry status to the crypto mining sector, a move that could enable investors to access low-cost electricity under the Prime Minister’s affordable power package. Officials revealed that discussions are also underway to include blockchain data centres in the same scheme, marking a major policy shift toward recognizing digital finance and technology-driven industries as key contributors to Pakistan’s economic future.

This proposal comes shortly after the government announced subsidised electricity packages for industrial and agricultural sectors. Extending similar benefits to the crypto and blockchain industries is being seen as an effort to attract foreign investment, reduce energy costs for tech-based ventures, and promote innovation in financial technology (fintech). If approved, these incentives could help Pakistan position itself as a regional hub for digital asset infrastructure and crypto-related services.

Read more : Pakistan opens doors for global crypto exchanges

The move follows the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA) on September 24, which began licensing global cryptocurrency exchanges seeking to operate within the country. Under this framework, companies must hold licences from internationally recognised regulators, comply with Know Your Customer (KYC) standards, and disclose comprehensive company data. This initiative aims to ensure transparency and legal compliance while safeguarding investors and consumers.

Globally, the cryptocurrency market has expanded to nearly 40 million users with an estimated $300 billion in annual trading volume, making it one of the world’s largest unregulated markets. Pakistan’s new regulatory steps are designed to align with international standards, reduce financial risks, and prevent illicit activities such as money laundering or untraceable transactions. The inclusion of crypto and blockchain industries in the power subsidy plan could therefore enhance the country’s reputation for responsible digital innovation.

Read more : PAA denies crypto theft at Karachi airport

Furthermore, the regulation of digital currency exchanges (DCEs) is expected to create safer and more efficient trading platforms for local users. These exchanges enable transactions between digital currencies and traditional assets, allowing deposits through credit cards, wire transfers, and other financial channels. Many exchanges also permit direct withdrawals to personal crypto wallets or convert balances into prepaid cards for use at ATMs worldwide, improving accessibility for everyday users.

By considering greenfield status and cheaper power tariffs, the government is signalling its intent to embrace digital transformation while ensuring financial security and energy affordability. If implemented effectively, this policy could open new opportunities for foreign investment, technological advancement, and economic diversification, reinforcing Pakistan’s emerging role in the global crypto and fintech ecosystem.

Filed Under: Business, Pakistan Tagged With: Govt weighs greenfield status, Latest, subsidised power for crypto sector

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