ISLAMABAD: Finance Secretary Imdadullah Bosal on Thursday said that the ban on cryptocurrency was still in place across Pakistan, stressing the need for its regulation. The State Bank of Pakistan (SBP) does not recognise crypto assets, which are digital currencies in which transactions are verified and recorded by a decentralised system. The SBP issued a formal notice in 2022 advising …
ISLAMABAD: A message shared via the official X (formerly Twitter) account of jailed former prime minister Imran Khan on Tuesday called on public to prepare for a countrywide protest movement. The post came a day after Imran Khan’s sister, Aleema Khan, had proposed a ‘give-and-take formula’ for Mr Khan’s release. Although Mr Khan does not have direct access to his …
ISLAMABAD: Pakistan Crypto Council (PCC) Chief Executive Officer Bilal Bin Saqib has unveiled the country’s first government-led Strategic Bitcoin Reserve. Saqib was recently appointed as Special Assistant to the Prime Minister for Crypto and Blockchain, with the status of a minister of state. He has been on a tour of the United States seeking investment in Pakistan’s crypto markets. He …
PESHAWAR: A cop was martyred and four others were injured as a result of gunfire between the public, police and terrorists in Khyber Pakhtunkhwa’s Bannu district, the police said on Thursday. Spokesperson to the regional police officer, Khanzala Quraishi, said, “The members of the peace committee, along with police personnel, were patrolling the area when they were attacked by terrorists …
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday joined Turkish President Recep Tayyip Erdogan and Azerbaijani President Ilham Aliyev in a firm call to “reject conflict” and prioritise peace, as the three nations held a high-level trilateral summit in Lachin, Azerbaijan. The meeting marked a symbolic display of unity among historically allied nations, with Pakistan, Turkiye, and Azerbaijan reaffirming mutual support …
ISLAMABAD: Information Minister Attaullah Tarar has said that Pakistan’s position on the global stage has been significantly elevated following its handling of the conflict with India in Marka-e-Haq. Speaking to reporters in Lachin, Azerbaijan on Wednesday, Tarar asserted that Pakistan’s narrative had been validated internationally, attributing the diplomatic success to Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar. …
ISLAMABAD: Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, met Azerbaijan’s Minister of Defence, Colonel General Hasanov Zakir Asgar Oglu, in Lachin on Wednesday to discuss regional security and defence cooperation. During the meeting, the two military leaders exchanged views on issues of mutual interest, with a focus on strengthening bilateral military collaboration and addressing shared regional challenges. …
ISLAMABAD: China has assured Pakistan of relending $3.7 billion in commercial loans, denominated in Chinese currency, before the end of June, including $2.4 billion that is maturing next month, in a move that will help keep the foreign exchange reserves in double-digits. Unlike in the past, when Beijing has given loans in non-Chinese currency too, this time Pakistan’s strategic ally …
ISLAMABAD: Kuwait lifted a 19-year visa ban on Pakistani citizens and resumed issuing a wide range of visas to Pakistani nationals, the government said on Tuesday. The country had stopped issuing visas in 2011 to citizens of Pakistan, Iran, Syria and Afghanistan, citing difficult security conditions in the countries. Since then, Pakistan made several attempts to get visas restored for …
ISLAMABAD: President Asif Ali Zardari and Prime Minister Shehbaz Sharif on Wednesday hailed Pakistan’s nuclear capability, saying it continued to serve as a credible minimum deterrent, as evidenced in the recent hostilities with India. With a public holiday, the nation is celebrating Youm-i-Takbeer to mark the historic day of May 28, 1998 when Pakistan joined the ranks of nuclear powers …