Pakistan’s prime minister says US ‘martyred’ bin Laden

A poster and picture used to identify Osama Bin Laden is displayed at the new exhibition Revealed: The Hunt for Bin Laden at the 9/11 Memorial Museum in New York City. ( AFP/ file photo)
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Updated 26 June 2020
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Pakistan’s prime minister says US ‘martyred’ bin Laden

  • Calls Pakistan’s partnership with the US in war on terror a mistake
  • Opposition lawmakers slammed Khan for calling bin Laden a martyr

ISLAMABAD: Pakistan’s prime minister said on Thursday that the United States “martyred” the Al-Qaeda leader and mastermind of the 9/11 attacks, Osama bin Laden, a term that reflected a subtle stab at Washington as it’s mainly used for honorable figures slain in battle.

Imran Khan delivered the stab in a rambling budget speech in parliament, attacking his predecessors’ foreign policies and saying that Pakistan’s partnership with the United States in the war on terror was a mistake.
Khan also said Washington used abusive language against Pakistan, blaming Islamabad for its failures in neighboring Afghanistan and most of all — refused to tell Islamabad of its operation against bin Laden in 2011 before carrying out the Navy SEALs nighttime raid. The special operations force swooped into Pakistan’s military garrison town of Abbottabad in the middle of the night on May 2, 2011, killing bin Laden and several of his operatives.
“We sided with the US in the War on Terror but they came here and killed him, martyred him and ... used abusive language against us (and) did not inform us (of the raid), despite the fact that we lost 70,000 people in war on terror,” Khan told Parliament.
Washington has repeatedly accused Pakistan of harboring the Afghan Taliban and giving safe haven to the feared Haqqani network, a Taliban affiliate that has been blamed for some major attacks in Afghanistan over the years and declared a terrorist group by the United States. US Adm. Mike Mullen, former chairman of the Joint Chiefs of Staff, had claimed that the Haqqani network was run by Pakistan’s premier intelligence agency, known by its acronym ISI.

Pakistan denied the accusations, saying Washington was blaming Pakistan for the failure of the US-led coalition’s 150,000 soldiers to defeat the Taliban, who are now at their strongest since being toppled in 2001 and rule or hold sway in about 50% of Afghanistan.
“The way we supported America in the war on terror, and the insults we had to face in return ... They blamed us for every failure in Afghanistan. They openly held us responsible because they did not succeed in Afghanistan,” Khan said.

Pakistan, Saudi Arabia and the United Arab Emirates were the only countries to recognize the Taliban government, which had harbored bin Laden as he planned terrorists attacks against the US After the 9/11 attacks, Pakistan turned and became an ally of the United States against the Taliban, who were ousted by a US-led coalition in November 2011.

However, opposition lawmaker Khwaja Mohammed Asif slammed Khan for calling bin Laden a martyr, saying the Al-Qaeda chief had brought terrorism to Pakistan.
“He (bin Laden) ruined my country but he (Khan) is calling him a martyr,” said Asif.

Since taking over, Khan claimed his government has reset the Pakistan-US relationship, elevating it to one of mutual respect, for which he also credited the personal rapport he has built with President Donald Trump.

“No one insults us now,” said Khan.
 


Pakistan says it is moving toward phased crypto regulation after Binance, HTX approvals

Updated 14 December 2025
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Pakistan says it is moving toward phased crypto regulation after Binance, HTX approvals

  • The country is among the world’s largest crypto adoption markets, with nearly 40 million users
  • Bilal bin Saqib says the government is not promoting crypto but moving to regulate the sector

ISLAMABAD: Pakistan’s top virtual asset regulatory official said on Sunday the country was laying the foundation for a phased and tightly supervised crypto framework after granting conditional approvals to two global exchanges, signaling a shift from years of regulatory ambiguity toward formal oversight of digital assets.

The Pakistan Virtual Assets Regulatory Authority (PVARA) said this week it had issued no objection certificates (NOCs) to global crypto exchanges Binance and Huobi (HTX). Pakistan has also signed a memorandum of understanding with them to explore what the finance ministry described as the “tokenization” of up to $2 billion in sovereign bonds, treasury bills and commodity reserves, an initiative aimed at boosting liquidity and attracting investors.

“The no objection certificate given to Binance and Huobi is the first practical step of this new thinking,” PVARA chief Bilal bin Saqib said at a briefing. “Let me make it clear that this NOC is not a shortcut. This is not a blanket approval.”

He said the approvals marked the start of a risk-mitigated, phased and supervised entry framework, adding that platforms would be subject to strict anti-money laundering and counter-terrorism financing requirements, ownership transparency checks and enforcement-linked licensing timelines.

“This is not a new experiment,” he said, pointing to phased regulatory approaches adopted in financial centers such as Dubai, the United Kingdom and Singapore, where firms are first brought under supervision before being allowed to expand operations.

Pakistan is among the world’s largest crypto adoption markets, with estimates putting the number of users between 30 and 40 million, despite the absence of a comprehensive regulatory framework. Saqib said ignoring the sector was no longer viable, warning that unregulated adoption posed greater risks to the economy and consumers.

“We don’t want to promote crypto,” he said. “We want to regulate crypto. Adoption is already there.”

​He said the framework was designed to prepare Pakistan for longer-term developments in digital finance, including tokenized assets, compliance technology, blockchain analytics and digital payment infrastructure, while ensuring that local talent is channeled into regulated and productive use.

“For the international community, the message is clear,” Saqib said. “Pakistan is not running away from innovation. Pakistan is welcoming innovation. Pakistan is regulating innovation.”