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

Populism and Pakistan
Updated 14 Jun 2021

Populism and Pakistan

The country’s politics is not immune to being shaped by regional and global populisms in a myriad of ways.
Domestic workers
Updated 14 Jun 2021

Domestic workers

A bill to protect domestic workers is awaiting Senate approval.
FATF compliance
13 Jun 2021

FATF compliance

Pakistan has made serious efforts to address the deficiencies in its CFT/AML regime because of FATF pressure.

Editorial

Power shortages
Updated 14 Jun 2021

Power shortages

It is high time that governance and structural reforms were introduced in the energy sector.
14 Jun 2021

Suicide in Thar

THARPARKAR is an appropriate case study for examining the factors that lead some people to the desperate, final act...
14 Jun 2021

Water woes

THIS past week saw a discussion on a water management system that, if properly implemented, should go some way...
Covid strategy
Updated 13 Jun 2021

Covid strategy

It is critical for govt to demonstrate to the public how badly health, business and education have suffered during the pandemic.
13 Jun 2021

Women in Balochistan

THE Balochistan government seems to be taking steps to improve women’s integration into society and the workforce...
13 Jun 2021

Deprived of cricket

THE federal cabinet has disallowed PTV to enter into an agreement with an Indian company for broadcast rights to...