Two soldiers, two police officers killed during operation in northwest Pakistan— army 

A Pakistani army soldier stand guards during a search operation against militants on the outskirts of Peshawar on June 24, 2017. (AFP/File)
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Updated 10 July 2024
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Two soldiers, two police officers killed during operation in northwest Pakistan— army 

  • Army says high-level “terrorist” Commander Abdul Raheem killed along with two other militants in operation 
  • Raheem was involved in killings of Pakistan Army captain, soldier during an operation in May this year

ISLAMABAD: Two soldiers, two police officers and three militants were killed on Wednesday during a joint intelligence-based operation in Pakistan’s northwestern Peshawar district, the army’s media wing said. 

The joint operation was conducted by police and security forces in Peshawar district’s Hassan Khel area on the reported presence of a “high-level terrorist,” the Inter-Services Public Relations (ISPR) said in a statement. 

The army said three militants, including “high-value terrorist” Commander Abdul Raheem were also killed in the operation. It said weapons and ammunition were recovered from the slain militants. 

“Terrorist Commander Abdul Raheem was highly wanted by the Law Enforcement Agencies,” the ISPR said, adding that the government had fixed head money of Rs6 million [$21547] on Raheem as he was “actively involved” in militant activities. 

The army’s media wing said Raheem was also involved in the killing of Captain Hussain Jahangir and Havaldar Shafiq Ullah, both of whom were targeted in an intelligence-based operation on May 26 this year. 

“Today’s operation has avenged the heinous act and has brought the main perpetrator to justice,” the ISPR said. 

Pakistan Army soldiers Sepoy Muhammad Idrees, 34 and Sepoy Badam Gul, 34 were killed in the exchange of fire, the army said. 

Sub-Inspector Tajmir Shah, 38 and Assistant Sub-Inspector Muhammad Akram, 34 of Khyber Pakhtunkhwa (KP) Police’s Counter-Terrorism Department (CTD) were also killed during the operation while fighting valiantly, the army said. 

“Pakistan’s Security Forces stand shoulder-to-shoulder with other law enforcement agencies to ensure peace and stability across Pakistan and such sacrifices of our brave men further strengthen our resolve,” the ISPR said. 

Pakistan has suffered a surge in attacks on its western fronts bordering Afghanistan since November 2022 after its fragile truce with the Pakistani Taliban or the Tehreek-e-Taliban Pakistan (TTP) broke down. 

The TTP has carried out some of the deadliest attacks against Pakistan’s security forces and civilians since 2007 in its bid to impose its strict brand of Islam. 

Islamabad blames the Afghan government for sheltering TTP militants and providing them sanctuaries in Afghanistan to launch attacks in Pakistan, a charge Kabul denies. 

Pakistan has repeatedly vowed it would not hold talks with militants and would root out militancy in the country. 

Pakistan last month announced it would launch a new military operation, Operation “Azm-e-Istehkam” or Resolve for Stability, to eliminate militants once and for all. 


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

Updated 05 December 2025
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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.