Pakistan denies Indian accusations of attacks in Punjab, Kashmir as both neighbors continue to trade fire

Men are seen through windowpanes of a residential house damaged by cross-border shelling in Gingal village near the Line of Control (LoC) between India and Pakistan, in Indian administrated Kashmir on May 9, 2025. (AFP)
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Updated 09 May 2025
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Pakistan denies Indian accusations of attacks in Punjab, Kashmir as both neighbors continue to trade fire

  • Tensions between the two neighbors have escalated into a limited-scale military conflict since India struck multiple locations in Pakistan
  • Both neighbors have since fired and sent drones and missiles into each other’s airspace, killing around four dozen people on both sides

ISLAMABAD: Pakistan categorically rejects the “baseless and irresponsible” Indian accusations of launching attacks in Punjab, Indian-administered Kashmir and Rajasthan, its foreign ministry said on Thursday, after New Delhi said it had repelled attacks in Jammu, Udhampur and Pathankot areas.
Tensions between the two neighbors over an April 22 attack in Indian-administered Kashmir’s Pahalgam have escalated into a limited-scale military conflict when India struck on Wednesday multiple locations in Pakistan after New Delhi blamed the assault on Pakistan. Islamabad has denied involvement.
Pakistan has claimed to have shot down five Indian fighter jets and 29 Israeli-manufactured Harop drones, launched from India, in retaliation to Indian missile and drone strikes this week. India said it had destroyed an air defense system in Lahore in response to a Pakistani air attack.
Both sides have traded heavy fire across their de facto border in the disputed Kashmir region, while a Pakistani minister said on Thursday they had killed several Indian soldiers. It was not possible to immediately verify all of the claims made by both nuclear-armed arch-rivals.
“These claims are entirely unfounded, politically motivated, and part of a reckless propaganda campaign aimed at maligning Pakistan,” the Pakistani foreign ministry said, rejecting Indian accusations of launching attacks in Punjab, Kashmir and Rajasthan.
“The repeated pattern of leveling accusations against Pakistan without any credible investigation reflects a deliberate strategy to manufacture a pretext for aggression and to further destabilize the region. Such actions not only further endanger regional peace but also reveal a disturbing willingness to exploit misinformation for political and military ends.”

Shesh Paul Vaid, a former director-general of police in Indian-administered Kashmir, told The Associated Press that the Jammu airport was also likely under attack and that some of the 50 loud explosions he had heard were likely because “our defense system is at work.”
Sirens blared for more than two hours on Friday in India’s border city of Amritsar, which houses the Golden Temple revered by Sikhs, and residents were asked to remain indoors.
A Pakistani security source said India wanted to justify its military actions against Pakistan by spreading “fabricated and false attack reports” in Kashmir, Rajasthan and other areas.
“India has failed to provide any solid evidence against Pakistan,” the source said.




A Pakistan Army soldier stands at the premises of the Bilal Mosque, after it was hit by an Indian strike in Muzaffarabad, Azad Kashmir, on May 7, 2025. (REUTERS)

World powers from the US to China have urged the two countries to calm tensions, and US Vice President JD Vance on Thursday reiterated the call for de-escalation.
“We want this thing to de-escalate as quickly as possible. We can’t control these countries, though,” he said in an interview on Fox News.
Chinese Foreign Ministry spokesperson Lin Jian said Beijing was concerned over the developments and urged both sides to exercise restraint.
“We stand ready to work with the rest of the international community to continue playing a constructive role in easing the current tensions,” Lin told a press briefing.
The relationship between Hindu-majority India and Islamic republic Pakistan has been fraught with tension since they became separate countries after attaining independence from colonial British rule in 1947. Kashmir, a Muslim-majority region, has been at the heart of the hostility and they have fought two of their three wars over the region.


Pakistan launches crypto testing framework to regulate digital assets

Updated 59 min 23 sec ago
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Pakistan launches crypto testing framework to regulate digital assets

  • Regulatory ‘sandbox’ to let firms test crypto products under supervision
  • Move comes amid broader push to formalize Pakistan’s digital asset sector

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) on Friday launched a crypto testing framework to regulate digital assets, allowing firms to trial new products and services under official supervision.

The initiative, formally structured as a regulatory “sandbox,” creates a controlled environment where companies can test crypto-related services under the oversight of the regulator before full-scale approval.

According to PVARA, the sandbox will support real-world use cases including tokenization, stablecoins, remittances and on- and off-ramp infrastructure.

Tokenization refers to converting real-world assets into digital tokens on a blockchain, while stablecoins are cryptocurrencies pegged to a fiat currency to maintain a stable value. On- and off-ramp infrastructure allows users to convert between fiat money and digital assets, enabling the practical use of virtual asset products.
“The Pakistan Virtual Assets Regulatory Authority has formally approved and launched its Regulatory Sandbox for virtual assets,” PVARA said in a post on X. “Sandbox Guidelines and the application process will be published shortly on our website.”

 

 

The move comes as the government seeks to build a formal regulatory framework for digital assets while attracting investment and strengthening oversight of the sector.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.

In January, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial, a crypto-based finance platform launched in September 2024 and linked to US President Donald Trump’s family to explore the use of a dollar-linked stablecoin for cross-border payments.