Senior members of the Indian community in Jeddah greeted visiting pilgrims Mehboob Ali Qaisar, member of parliament and former chairman, Hajj Committee of India; Mutiur Rehman, founder, Imam Bukhari University Kishanganj, Bihar; Irfan Ahmad, former member, Hajj Committee of India; and Ehtesham-ul-Haq, a New Delhi-based entrepreneur and social worker; at the Holiday Inn in
Charli Calon received the Math 30-1 scholarship sponsored by ATB financial and presented by St. Anthony’s math teacher Anton Siaotong and the Chemistry 30 scholarship sponsored by the Drumheller Li
Militants push supporters to donate through bitcoin, police say amid crackdown
Bitcoin is the most common virtual currency and is used as a vehicle for moving money around the world quickly and anonymously
Updated 04 February 2021
February 04, 2021 20:38
KARACHI: Police in Pakistan say the use of digital currencies, including bitcoin, for international terror financing, as well as crimes such as extortion and ransom, is on the rise as authorities move to crack down on illegal methods of money transfer.
Bitcoin is the most common virtual currency and is used as a vehicle for moving money around the world quickly and anonymously via the web without the need for third-party verification.
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The Sindh High Court on Thursday expressed resentment over the federal ministry of finance for not filing its comments on a petition about cryptocurrency. Photo courtesy Wikimedia Commons/File
KARACHI: The Sindh High Court on Thursday expressed resentment over the federal ministry of finance for not filing its comments on a petition about cryptocurrency while the State Bank of Pakistan said it had never declared it illegal.
The two-judge bench headed by Justice Mohammad Karim Khan Agha sought comments till Jan 13 from the SBP that whether or not there was any law to prevent the cryptocurrency business in Pakistan.
It also warned that if the comments were not filed till next hearing by the deputy additional attorney on the behalf of ministry, the finance secretary will have to appear in person for explanation.