KOHAT: Adviser to the chief minister on information technology, MPA Ziaullah Bangash has said the government has decided to install two crypto currency (Bitcoin mining) plants and will also give NOCs to private entrepreneurs for making the digital currency.

Talking to mediapersons here on Monday, he said the government had approved funds for creating the digital currency. “A bill has also been passed in the KP Assembly in this regard,” he added.

The government feels that Pakistan should not be left behind in the field of digital currency mining, he said, adding at present there were 11.1 million Bitcoins in circulation around the world which were being increased by 90 per day.

He said US stood first in the business followed by Nigeria, China, Canada, Britain and India.

The first step has been taken by the KP government and the other provinces will follow the suit, he said, adding price of virtual crypto currency had touched the highest level of 33,000 US dollars or Rs5.4 million. After Dec 16, 2020, its price had risen by $13,000, he explained.

ENMITY RESOLVED: An old enmity between rival tribes of Sumari Payan was resolved here on Monday.

Zarmoin Khan, elder of one of the groups, told journalists that the Holy Prophet Muhammad (PBUH) came in the dream of a cleric, revealing the names of 11 members of his family and asking them to end the enmity.

“First of all we did not believe in the dream, but later we took the matter to local and Karachi and Akora Khattak seminaries, where we were told that the dream was true,” the elder said.

He said following the dream, the rival group was invited to a hujra, where the matter was discussed. After that the tribes agreed to end the hostility and live like brothers.

He said sweets were distributed on the occasion and members of the tribes embraced one another.

He said the Sumari region did not see any development during the past six years as it had been turned into a no-go area due to the enmity, which has claimed over 25 lives and left 63 persons injured.

Published in Dawn, Jannuary 5th, 2021

Opinion

Editorial

Increased inflows
Updated 12 Jan, 2025

Increased inflows

Govt must devise a strategy to increase industrial and agricultural productivity to boost exports and reduce reliance on uncertain remittances.
Gwadar’s potential
12 Jan, 2025

Gwadar’s potential

THE Gwadar deep-sea port, completed in 2007, was supposed to be a shining success for the other newly built ports in...
Broken metropolis
12 Jan, 2025

Broken metropolis

KARACHI, Pakistan’s economic juggernaut, is the largest contributor to the nation’s tax revenue. The Federal...
Afghan outreach
Updated 11 Jan, 2025

Afghan outreach

Islamabad should stress stronger counterterrorism measures, yet also engage the Taliban high command in Kandahar as well as politicians in Kabul.
Fragile recovery
11 Jan, 2025

Fragile recovery

STATE Bank Governor Jameel Ahmed appears to be quite optimistic over recent economic gains. That is not unusual;...
Destination Europe
11 Jan, 2025

Destination Europe

THE country’s aviation authorities can rest a little easy. After a four-year banishment from European skies,...