Shootout in southwest Pakistan kills 4 policemen, militant

In this file photo, taken on May 27, 2018, Pakistani investigators gather at the shooting site in Quetta. (Photo courtesy: AFP/File)
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Updated 11 April 2023
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Shootout in southwest Pakistan kills 4 policemen, militant

  • Police launched raid after being tipped off that a wanted militant commander was hiding in a home in Quetta's Kuchlak neighborhood
  • The officers demanded the suspect surrender but he instead opened fire at the security forces, killing four officers before being fatally shot

QUETTA: Pakistani security forces raided a suspected hideout of the Pakistani Taliban in the southwestern city of Quetta early Tuesday, triggering a shootout that killed four officers and a militant commander, officials said.

The police launched the raid after being tipped off that the wanted militant commander was hiding in a home in the city's Kuchlak neighborhood, said police official Naveed Shah. The officers demanded the suspect surrender but he instead opened fire at the security forces, killing four officers before being fatally shot.

A search of the area was still underway, Shah said.

Quetta, the provincial capital of Baluchistan, has seen a spike in violence recently, as has the rest of Pakistan.

On Monday, two roadside bombs hours apart targeted police vehicles in Quetta, killing four people and wounding 22, mostly pedestrians. The bombings were claimed by the outlawed Baluchistan Liberation Army, which was designated a terrorist group by the United States in 2019.

Pakistani security forces have been battling an insurgency in Baluchistan for more than a decade, with separatists in the province demanding complete autonomy or a larger share of the province’s gas and mineral resources.

The Pakistani Taliban, known as Tehreek-e-Taliban Pakistan or TTP, also have a presence in Baluchistan and have claimed multiple past attacks there.

The militant group is separate from but allied with the Afghan Taliban. TTP insurgents have been emboldened since the Afghan Taliban seized power in Afghanistan in August 2021 as U.S. and NATO troops pulled out of the country after 20 years of war.


Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

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Pakistan, global crypto exchange discuss modernizing digital payments, creating job prospects 

  • Pakistani officials, Binance team discuss coordination between Islamabad, local banks and global exchanges
  • Pakistan has attempted to tap into growing crypto market to curb illicit transactions, improve oversight

ISLAMABAD: Pakistan’s finance officials and the team of a global cryptocurrency exchange on Friday held discussions aimed at modernizing the country’s digital payments system and building local talent pipelines to meet rising demand for blockchain and Web3 skills, the finance ministry said.

The development took place during a high-level meeting between Finance Minister Muhammad Aurangzeb, Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib, domestic bank presidents and a Binance team led by Global CEO Richard Teng. The meeting was held to advance work on Pakistan’s National Digital Asset Framework, a regulatory setup to govern Pakistan’s digital assets.

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.

“Participants reviewed opportunities to modernize Pakistan’s digital payments landscape, noting that blockchain-based systems could significantly reduce costs from the country’s $38 billion annual remittance flows,” the finance ministry said in a statement. 

“Discussions also emphasized building local talent pipelines to meet rising global demand for blockchain and Web3 skills, creating high-value employment prospects for Pakistani youth.”

Blockchain is a type of digital database that is shared, transparent and tamper-resistant. Instead of being stored on one computer, the data is kept on a distributed network of computers, making it very hard to alter or hack.

Web3 refers to the next generation of the Internet built using blockchain, focusing on giving users more control over their data, identity and digital assets rather than big tech companies controlling it.

Participants of the meeting also discussed sovereign debt tokenization, which is the process of converting a country’s debt such as government bonds, into digital tokens on a blockchain, the ministry said. 

Aurangzeb called for close coordination between the government, domestic banks and global exchanges to modernize Pakistan’s payment landscape.

Participants of the meeting also discussed considering a “time-bound amnesty” to encourage users to move assets onto regulated platforms, stressing the need for stronger verifications and a risk-mitigation system.

Pakistan has attempted in recent months to tap into the country’s growing crypto market, crack down on money laundering and terror financing, and promote responsible innovation — a move analysts say could bring an estimated $25 billion in virtual assets into the tax net.

In September, Islamabad invited international crypto exchanges and other VASPs to apply for licenses to operate in the country, a step aimed at formalizing and regulating its fast-growing digital market.