ISLAMABAD: Pakistan’s government is ramping up efforts to regulate its burgeoning cryptocurrency market, holding high-level talks this week with executives from Binance Holdings Ltd., the world’s largest digital-asset exchange by trading volume.
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Judge’s son walks free on family pardon after fatal hit-and-run kills two women
ISLAMABAD: A judicial magistrate on Saturday ordered the release on bail of the son of an Islamabad High Court justice in a fatal hit-and-run case that killed two young women, after the victims’ families appeared in court to say they had forgiven him.
Govt defends military response to Imran Khan, accusing PTI of anti-state narrative
ce minister on Saturday sharply rebuked the opposition Pakistan Tehreek-e-Insaf party for its objections to a military spokesman’s blistering critique of the party’s imprisoned founder, Imran Khan, escalating a bitter feud between the government, the armed forces and Khan’s supporters.
Security forces kill 14 militants in KP and Balochistan, military says
ISLAMABAD: Security forces killed 14 militants in three separate operations across the restive provinces of Khyber Pakhtunkhwa and Balochistan, the military said on Saturday, as the government vowed to press ahead with a broad counterterrorism campaign amid a surge in attacks.
IMF set to approve $1.2 billion for Pakistan as board meets Monday
KARACHI: Pakistan is poised to secure $1.2 billion in fresh loans from the International Monetary Fund, with the lender’s executive board set to review the package on Monday, potentially unlocking financing critical to the cash-strapped nation’s economic stabilisation efforts.
Tense calm returns to Chaman after deadly Pakistan-Afghanistan border clash
ISLAMABAD: Calm returned to the volatile border crossing at Chaman between Pakistan and Afghanistan on Saturday, a day after heavy clashes erupted between security forces on both sides, killing at least five people on the Afghan side and injuring three civilians on the Pakistani side, according to officials, in a fresh escalation that highlighted the deepening rift between the two neighbours.
Pakistan mulls limited crypto amnesty as banks flag risks from $250bn trading
ISLAMABAD: Pakistan is mulling a limited amnesty for cryptocurrency traders as part of a push to regulate the burgeoning sector, amid concerns from local banks over risks tied to more than $250 billion in annual trading by users in the South Asian nation.
Pakistani, Afghan troops exchange fire on tense border; both sides trade blame
ISLAMABAD: Pakistani troops and Afghan forces exchanged fire late on Friday along their tense shared border, with each side accusing the other of initiating the clash in violation of a fragile cease-fire that has held for the past two months.
Military restructuring complete as Munir takes dual command
ISLAMABAD, The Ministry of Defence on Friday officially notified the appointment of Chief of Army Staff Field Marshal Asim Munir as the country’s first chief of defense forces, consolidating operational, administrative and strategic authority over the armed services in a single office and completing the most sweeping military restructuring since the 1970s.
Pakistan plans to launch first stablecoin as part of crypto push
ISLAMABAD: Pakistan is gearing up to introduce its first stablecoin as the South Asian nation seeks to integrate virtual assets into its economy and position itself as a leader in digital finance.