KP Govt Sets Up Cryptocurrency Mining Plant in The Province

KP government has approved funds for setting up a cryptocurrency mining plant in the province.

According to Advisor to CM on Science and Technology, Zia Ullah Bangash, the provincial government will soon start issuing NOCs to individuals and businesses who want to mine cryptocurrencies at the state-owned plant.


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The Advisor said that current trends suggest that digital currencies will replace paper currencies in the future, adding that there are tremendous investment opportunities in the field of cryptocurrencies.

In December 2020, KP Assembly had unanimously passed a resolution on legalizing cryptocurrencies and crypto-mining, becoming the first legislative assembly to do so.


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The resolution called on the federal government to officially register and introduce cryptocurrencies in the country after enacting necessary legislation.

Note that several central banks around the world have already registered and issued cryptocurrencies. Many countries, including the US, have also taken concrete steps towards introducing and legalizing cryptocurrencies.

  • I hope that Cryptocurrency currency will soon be legalized in Pakistan so all can benefit from this.

  • Govt. Of Pakistan set up cryptocurrency mining form and invent own cryptocurrency i.e. Pakcoin ect. It will be good step to over come unemployment.

  • Mining farm lgane se gov ka kya loss hai bank tu tab b chalengay qnd agr ye log ye sochty hn k cruption nhi hogi tu jinho ne krne hy wo ab h crypto buy kr sakty hn. Mining legal kren pakistan mn kuch tu business’s any do paypal amazon ebay wo aty nhi naa he lgta hy k aaingy filhal lykin jis chiz se puri duniya faida utha rhi hy or hum Pakistani b utha sakty hn qk koi restrictions nhi hn tu uspe Pakistan khud restrictions lga dety yaa tu humen is duniyaa mn rehne ka koi haq he nhi hum log kuch b kren lykin gov ko paisa den beshak chori kren bhek mangy chalo man lety hn k direct tax se 3000 log dety tu indirectly tu pura pk deta kuch b le lo sub pe tax hy phr b kahty hn 3000 log tax dety hn impossible hy ya bewaqof bnaya howa hy humen jab is trhan ka mahol create krty hn tu awam ya tu bhoki marti hy ya shortcut dekhti hy

  • It is a very good initiative for capital development and much more earning ways, will cause of decreasing unemployment…should be apply for all provinces.

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