Aftab Maken ISLAMABAD: The federal government has taken a major step towards regulating digital assets and blockchain technologies in Pakistan, as Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a high-level meeting of the Pakistan Crypto Council (PCC) at the Finance Division on Monday. The meeting focused on …
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The Pakistan Crypto Council will convene a high-level meeting on Monday, 2nd June 2025, to be chaired by Senator Muhammad Aurangzeb, Federal Minister for Finance and Revenue. The meeting will serve as a strategic forum to deliberate on the evolving regulatory and legal framework surrounding digital currency and the broader …
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Aftab Maken Islamabad The Pakistani government has reiterated its stance that cryptocurrency remains banned in the country, telling the National Assembly’s Standing Committee on Finance that comprehensive regulations are essential before any legalization can be considered. The announcement came during a tense committee session where lawmakers voiced urgent concerns over …
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Aftab Maken Islamabad The National Assembly Standing Committee on Information Technology and Telecommunication has questioned the PTCL management over the sale of its prime land in Karachi’s megacity. The Committee asked PTCL to explain under which specific clauses the company is authorized to sell this land. The Committee also summoned …
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Aftab Maken ISLAMABAD In a significant policy shift aimed at monetising surplus electricity and drawing foreign investment, the federal government has earmarked 2,000 megawatts (MW) of power in the first phase of a national plan to support Bitcoin mining and Artificial Intelligence (AI) data centres. The initiative, led by the …
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The National Disaster Management Authority (NDMA) has informed the Senate Standing Committee on Climate Change that Pakistan is likely to receive up to 300 millimeters of rain during this year’s monsoon season, with Punjab expecting between 300 to 380 millimeters. The frequency of cloudbursts is also expected to increase. The …
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The Ministry of Finance has announced the initiation of a comprehensive strategy to regulate digital assets and accelerate the growth of Pakistan’s virtual asset economy. As part of this strategy, the government has endorsed the establishment of a dedicated body — the Pakistan Digital Assets Authority (PDAA) — tasked with …
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Aftab Maken In the bustling world of Pakistani telecommunications, a big story was brewing. Pakistan Telecommunication Company Limited, or PTCL as everyone knew it, had a mobile company under its wing called Ufone. Think of PTCL as a big, older brother and Ufone as the younger sibling, full of energy …
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Aftab Maken ISLAMABAD: There is a strong possibility that the federal government will maintain the current slabs of tax and duty on vehicles in the upcoming Budget 2025-26. Despite several proposals under consideration, the current import duties on automobiles are likely to stay unchanged, sources familiar with the development told …
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Aftab Maken Jazz, Pakistan’s largest telecom operator, finds itself at the center of a growing controversy amid accusations of using inflated tariffs and poor services to cover its staggering Rs 50 billion spectrum debt. Despite its bold claims of championing “digital inclusion,” industry insiders and internal records paint a different …
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