Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report

Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report

After El Salvador made Bitcoin a legal tender in September last year, the crypto culture witnessed expansion in several parts of the world. However, the crypto sector could likely encounter obstacles in Pakistan. The central bank of Pakistan is reportedly considering a ban on all cryptocurrencies from operating in the country. As per Chainalysis’ Global … Read more

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance – Bitcoin News

Pakistanis Lose Millions to Crypto Scam, Pakistan Issues Notice to Binance

Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s … Read more

FIA issues notice to crypto exchange Binance in multi-million dollar scam – Pakistan

FIA issues notice to crypto exchange Binance in multi-million dollar scam - Pakistan

The Federal Investigation Agency’s (FIA) Cyber Crime Wing (Sindh) said on Friday that it had issued a notice to an official from Binance, a popular cryptocurrency exchange, while investigating a multi-million dollar scam. In a press release, the FIA said that the Cyber Crime Wing had issued an order of attendance to Hamza Khan, the … Read more

COVID-19: Pakistan records 11 deaths, 395 new cases in last 24 hours

COVID-19: Pakistan records 11 deaths, 395 new cases in last 24 hours

On Saturday, according to the latest stats released by the National Command and Operation Centre (NCOC) the country has reported 11 coronavirus deaths and 395 new cases in the last 24 hours (Friday). After adding the fresh cases the number of total infections now stands at 1,288,761. However, the overall death toll surged 28,823. Moreover, … Read more

Pakistan reports first suspected case of new COVID-19 variant

Pakistan reports first suspected case of new COVID-19 variant

File photoISLAMABAD: Pakistan has reported the first suspected case of the new COVID-19 variant Omicron, Sindh Minister for Health and Population Welfare Dr Azra Pechuho said Thursday.”A genomic study is being conducted which will confirm the exact variant but for now getting both doses of the vaccine is the best precaution,” she said in a … Read more

Pakistan reports 310 new Covid cases in single day

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Pakistan recorded as many as 310 new cases of the Covid-19 pandemic in the past 24 hours, taking the infection tally to 1,287,703. A total of 43,503 samples were tested, out of which 310 were declared positive for the virus, according to the National Command and Operation Centre (NCOC). The positivity rate was recorded at … Read more

Pakistan reports seven COVID-19 deaths, 232 new cases in last 24 hours

Pakistan reports seven COVID-19 deaths, 232 new cases in last 24 hours

On Tuesday, the latest stats released by the National Command and Operation Centre (NCOC) showed that the country has reported 7 coronavirus deaths and 232 new cases in the last 24 hours (Monday). After adding the fresh cases the number of total infections now stands at 1,287,393. However, the overall death toll surged 28,784. Moreover, … Read more

Pakistan adopts ‘zero tolerance’ policy to counter new COVID-19 variant

Pakistan adopts 'zero tolerance’ policy to counter new COVID-19 variant

A healthcare worker inoculates a citizen at a COVID-19 vaccination centre in Larkana’s Jinnah Bagh. Photo: APPISLAMABAD: Pakistan has adopted a “zero tolerance” policy and announced a new vaccination plan to counter the Omicron threat under which booster shots will be given to immunocompromised people, healthcare workers and those aged over 50 years.A meeting of … Read more

No case of Omicron Covid-19 variant detected in Pakistan so far: SAPM Dr Sultan – Pakistan

No case of Omicron Covid-19 variant detected in Pakistan so far: SAPM Dr Sultan - Pakistan

Special Assistant to Prime Minister on Health Dr Faisal Sultan has said that no case of Omicron Covid-19 variant has been detected in Pakistan so far, it was reported on Tuesday. Talking to a private news channel, Sultan said: “We cannot control the Omicron variant from coming to Pakistan, but we can control its impact … Read more

Audit finds massive irregularities in Covid spending – Pakistan

Audit finds massive irregularities in Covid spending - Pakistan

ISLAMABAD: An audit report on Covid-19 expenditures has pointed out irregularities of up to Rs5.24 billion in purchases of sugar, ghee and wheat flour by the Utility Stores Corporation (USC), including procurement of unfit ghee and edible oil worth Rs1.40bn. The report on “expenditures incurred on Covid-19 by federal government” released by the finance ministry … Read more

Pakistan bans travel from 7 countries amid concern over new Covid variant – Pakistan

Pakistan bans travel from 7 countries amid concern over new Covid variant - Pakistan

Pakistan placed a complete ban on Saturday on travel from seven countries in the wake of the discovery of a new variant of the coronavirus, Omicron, first detected in South Africa, according to the notification issued by the National Command and Operation Centre (NCOC). The notification said travel had been restricted from six southern African … Read more

US to provide $7m to mitigate Covid effects in Pakistan

The United States government, through the United States Agency for International Development (USAID), will contribute $7 million to the Asian Development Bank’s (ADB) ongoing project to address the secondary effects of Covid-19 in Pakistan. In this regard, USAID Mission Director Julie Koenen and ADB Country Director Yong Ye attended a signing ceremony in Islamabad on … Read more

US CDC revises travel advisory for Pakistan after drop in Covid-19 cases – Pakistan

US CDC revises travel advisory for Pakistan after drop in Covid-19 cases - Pakistan

The United States has updated its coronavirus travel advisory to ‘Level One’ for Pakistan due to a low level of Covid-19 cases in the country. There are four types of health notices that may be attributed by the US Centers for Disease Control and Prevention (CDC). ”Level 4: Very High”, ”Level 3: High”, ”Level 2: … Read more

Pakistan tops The Economist’s world normalcy index

Pakistan tops The Economist's world normalcy index

The COVID-19 normalcy index places Pakistan on top.ISLAMABAD: Pakistan has been ranked number 1 in The Economists’ world normalcy index as the country lifted most of its COVID-19 restrictions imposed to curb the virus spread.The Economist’s normalcy index offers some evidence about how people are responding to restrictions in real-time. Pakistan is followed by Nigeria, … Read more

Covid-19 loses steam in Pakistan as cases decline 10 times since August – Pakistan

Covid-19 loses steam in Pakistan as cases decline 10 times since August - Pakistan

• Positivity ratio stands at 1.2pc• 22,852 active cases recorded• Polio frontline worker sacked for sexually harassing female colleague ISLAMABAD: While 11 patients succumbed to Covid-19 and 567 people got infected during the last 24 hours, the number of coronavirus cases has decreased 10 times since August this year. In another development, the department, which … Read more

National positivity rate of Covid-19 falls to 1.35pc – Pakistan

National positivity rate of Covid-19 falls to 1.35pc - Pakistan

ISLAMABAD: While national positivity rate of Covid-19 cases dropped to 1.35 per cent, the country reported 572 more infections and six patients died in the last 24 hours. The Global Preparedness Monitoring Board (GPMB), an international body responsible for assessing the state of the world’s preparedness for pandemics and other health emergencies, has warned that … Read more

Pakistan achieves milestone of administering 100m Covid jabs

Asad Umar urges partially vaccinated citizens to get fully vaccinated as soon as possible ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives and Chairman National Command and Operation Centre (NCOC) Asad Umar on Saturday expressed his gratitude on achieving the milestone of 100 million inoculations of Covid-19 vaccines to eligible population in the country. … Read more

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations – Regulation Bitcoin News

Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations

The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming months. Minister Says Pakistan Government Has No Objection to Investments … Read more

Rs5.5b donated to Pakistan for Covid fight

ISLAMABAD: Since the advent of coronavirus in 2019, Pakistan has received donations up to approximately Rs5.5 billion on the pretext of battling the prevailing pandemic. The aforementioned revelation was made during the question and answer session in the Senate on Thursday. A Senator revealed that the amount received by Pakistan includes foreign donations of up … Read more

Covid-19: Pakistan reports lowest single-day tally in a year – Pakistan

Covid-19: Pakistan reports lowest single-day tally in a year - Pakistan

Pakistan reported 554 cases on October 19, the lowest in a year, as the country continued to witness a steady decline in its daily infections. On October 18 last year, the country had reported 440 positive cases. During the last 24 hours, 42,126 tests were conducted nationwide, taking the total number of tests taken to … Read more

Country sees lowest number of Covid cases since June 28 – Pakistan

Country sees lowest number of Covid cases since June 28 - Pakistan

ISLAMABAD: The country reported the lowest number of Covid-19 cases in a single day since June 28. According to data of the National Command and Operation Centre (NCOC), 767 people contracted coronavirus and 19 patients died during the last 24 hours. The highest number of cases during the last over three months was reported on … Read more

Nawaz’s fake certificate aimed at discrediting Covid-19 database: Gill – Pakistan

Nawaz's fake certificate aimed at discrediting Covid-19 database: Gill - Pakistan

LAHORE: Terming Nawaz Sharif’s registration of fake Coronavirus vaccination as a conspiracy against Pakistan, Special Assistant to the Prime Minister on Political Communication Dr Shahbaz Gill said on Saturday that Maryam Nawaz had used Naveed to discredit the Covid-19 database. Talking to media, the special assistant said that a fake certificate was fabricated to discredit … Read more

Pakistan continues to report decline in COVID-19 cases

Pakistan continues to report decline in COVID-19 cases

A healthcare worker administering the coronavirus test on a patient. Photo: fileISLAMABAD: The coronavirus positivity rate in Pakistan remained below 5% for the second consecutive day on Sunday, as coronavirus cases in the country continue to decline. According to the latest statistics of the National Command and Operation Centre’s (NCOC), Pakistan has recorded 2,580 new … Read more