Ten days after deadly snowstorm, Pakistan allows conditional entry to Murree

A vehicle is pictured after getting stuck in snow along a road after a heavy snowfall in Murree, around 70 kilometres (45 miles) northeast of the capital, Islamabad on January 8, 2022. (AFP)
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Updated 16 January 2022
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Ten days after deadly snowstorm, Pakistan allows conditional entry to Murree

  • 22 people, including women and children, lost their lives at the popular resort town after getting trapped in heavy snowfall, traffic congestion
  • The government has only allowed 8,000 vehicles to enter Murree every day until the weather situation improves

ISLAMABAD: Authorities in Pakistan lifted an entry ban on a hill station near the federal capital nearly 10 days after 22 people, including women and children, died in their vehicles after getting trapped in heavy snowstorm and traffic congestion.
More than four feet of snow dropped in Murree earlier this month, trapping tourists who had thronged to the area in their thousands.
Most of the victims suffered hypothermia as temperatures fell to -8°C (17.6°F). Officials said some died of carbon monoxide poisoning from running their car heaters while their mufflers were choked by snow.
After the tragedy, the federal government imposed an entry ban on Murree while carrying out rescue operation in the surrounding areas.
The Rawalpindi District Disaster Management Authority issued a notification on Saturday, however, to allow up to 8,000 vehicles to enter the resort town on a daily basis until the weather system improved.
“No entry will be allowed between 5 p.m. and 5 am except for emergency services and vehicles carrying food items and fuel,” read the notification.




People walk past a vehicle stuck on a road after a blizzard that started on January 7 and led to visitors being trapped in vehicles along the roads to the resort hill town of Murree, some 70 Kms northeast of Islamabad on January 9, 2022. (AFP)

It added police personnel would be deployed to keep an accurate count of vehicles and maintain a database of the net traffic.
“XEN Mechanical Machinery and Chief Traffic Police Office shall have effective coordination with Pakistan Meteorological Department to set up, maintain, review and upgrade mechanism for early warning to regulate traffic,” the notification said.




A man walks past truck stuck on a road after a blizzard that started on January 7 and led to visitors being trapped in vehicles along the roads to the resort hill town of Murree, some 70 Kms northeast of Islamabad on January 9, 2022. (AFP)

After heavy snowfall last week, civilian administration along with soldiers of the Pakistan Army evacuated hundreds of people who were stranded for the night at the popular resort, 45 kilometers northeast of Islamabad.
The Pakistan Meteorological Department has now predicted more rain and heavy snowfall in mountainous regions from January 18 to 20.
“A weather system of light to moderate intensity is expected to approach western and upper parts of the country from Tuesday [January 18] and may persist in upper parts till Thursday,” it said in an official statement.
“Light to moderate snowfall is expected in Murree, Galliyat, Nathiagali, Kaghan, Naran, Chitral, Dir, Swat, Kohistan, Astore, Hunza, Gilgit, Neelum Valley, Bagh and Haveli districts from Tuesday to Thursday,” it added while asking the relevant authorities to remain vigilant during the forecasted period.


Pakistan clears global crypto exchanges Binance, HTX under new regulatory framework

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Pakistan clears global crypto exchanges Binance, HTX under new regulatory framework

  • NOCs allow Binance, HTX to conduct engagement activities within Pakistan, says regulator PVARA
  • Says move allows entities to open subsidiaries in Pakistan but doesn’t constitute as operating license

ISLAMABAD: The Pakistan Virtual Assets Regulatory Authority (PVARA) announced on Friday that it has granted no objection certificates (NOCs) to global crypto exchanges Binance and HTX, the latest in a series of moves by Islamabad to regulate its fast-growing virtual assets market. 

PVARA said the NOCs were granted following a review process it conducted with public sector stakeholders which focused on governance structures, compliance frameworks, risk management controls and alignment with Pakistan’s emerging regulatory requirements for virtual asset activities.

Pakistan has been moving to regulate its fast-growing crypto and digital assets market by bringing virtual asset service providers (VASPs) under a formal licensing regime. Officials say the push is aimed at curbing illicit transactions, improving oversight and encouraging innovation in blockchain-based financial services.

“The introduction of this structured NOC framework demonstrates Pakistan’s commitment to responsible innovation and financial discipline,” Finance Minister Muhammad Aurangzeb was quoted as saying in a press release issued by PVARA. 

The regulatory authority said the NOCs allow Binance and HTX to conduct preparatory and engagement activities within Pakistan under “defined regulatory oversight,” clarifying that it does not constitute a “full operating license.”

The NOCs allow Binance and HTX to begin registration on the FMU goAML, Pakistan’s anti–money laundering reporting platform, as reporting entries. It also allows them to engage with the Securities and Exchange Commission of Pakistan (SECP) regulator to incorporate their subsidiaries in the country. 

HTX and Binance can also prepare and submit their full VASP license applications once licensing regulations are promulgated and provide anti-money laundering (AML) registered services after the completion of their goAML registration.

“PVARA will continue to engage with domestic and international stakeholders as it advances subsequent phases of its regulatory framework,” the authority said. 

“Additional guidance regarding licensing standards, compliance obligations and supervisory expectations for virtual asset service providers will be issued in due course.”

Chairman PVARA Bilal Bin Saqib said issuing the NOCs marks the first step toward a fully licensed and regulated environment for digital assets in Pakistan. 

“By adopting a phased and internationally aligned approach, Pakistan is ensuring that only well-governed, fully compliant global platforms progress toward full licensing,” Saqib was quoted as saying by PVARA.

According to PVARA, Pakistan already ranks at number three in crypto adoption and is home to an estimated 30 to 40 million users.

It said industry-wide assessments estimate that annual digital asset trading activity linked to Pakistan exceeds $300 billion. 

The development takes place days after Prime Minister Shehbaz Sharif met a delegation of Binance in Islamabad, led by its CEO Richard Teng, to discuss regulating digital assets in Pakistan.