HEC Ready To Launch Cryptocurrency And Blockchain Courses Across Universities Following New Virtual Asset Regulations

The Higher Education Commission (HEC) is preparing to introduce specialized courses covering cryptocurrency, blockchain technology and digital asset management in Pakistani universities. However, the proposed education and skills development program has yet to move forward as HEC is still awaiting policy direction from the Ministry of Information Technology and Telecommunication.

The matter was raised in the National Assembly in connection with Pakistan’s emerging regulatory framework for virtual assets. The government stated that the Pakistan Virtual Assets Regulatory Authority (PVARA) has been established under the Virtual Assets Act, 2026 to regulate virtual asset service providers, promote responsible innovation and ensure compliance with financial, anti-money laundering and counterterrorism financing requirements.

The government has also introduced a regulatory sandbox through which eligible blockchain and virtual asset businesses can test products, services and business models under regulatory supervision. PVARA has already initiated a sandbox focused on asset reference tokenisation, while regulations for virtual asset service providers and an activity-specific handbook have also been developed and submitted for consultation.

On the education side, HEC has not yet launched a dedicated collaborative program with the National Vocational and Technical Training Commission (NAVTTC) for digital asset management. HEC stated that it requires policy direction from the IT Ministry before developing a coordinated program with NAVTTC. Universities, however, can introduce relevant programs, specializations and interdisciplinary courses through existing HEC curriculum and approval mechanisms.

The development comes as Pakistan continues to establish a formal framework for cryptocurrency, blockchain and other virtual assets. While regulatory infrastructure is progressing, specialized academic and workforce training at the national level remains dependent on further policy direction, potentially creating a pathway for universities to expand education in emerging digital asset technologies. 

Follow the SPIN IDG WhatsApp Channel for updates across the Smart Pakistan Insights Network covering all of Pakistan’s technology ecosystem.

Hot this week

Premier PayFast Opens New Jobs for Database Administration and Chargeback Management Roles in Pakistan

Premier PayFast announces openings for Jr. Database Administrator and Assistant Manager Chargeback roles as it expands its digital payments operations.

Asaan Ghar Finance and BankIslami Partner to Expand Shariah-Compliant Housing Finance Across Pakistan

Asaan Ghar Finance and BankIslami sign an MoU to support Ghar Ho To Apna and expand Shariah-compliant housing finance.

PBA Chairman Calls for Banking Reforms on Credit Digital Infrastructure and Sovereign Borrowing

PBA Chairman Zafar Masud outlines proposals for credit expansion, financial data, digital infrastructure and banking-sector reforms.

TASDEEQ Promotes Digital Access to Credit Reports Through App for Better Financial Awareness in Pakistan

TASDEEQ encourages consumers to access their credit reports through its app to better understand their credit standing and financial profile.

Finance Minister Meets NBP Leadership to Discuss Digital Transformation Financial Inclusion and SME Financing

Finance Minister Muhammad Aurangzeb meets NBP leadership to discuss digital transformation, financial inclusion, SME support and banking priorities.

Topics

Premier PayFast Opens New Jobs for Database Administration and Chargeback Management Roles in Pakistan

Premier PayFast announces openings for Jr. Database Administrator and Assistant Manager Chargeback roles as it expands its digital payments operations.

Asaan Ghar Finance and BankIslami Partner to Expand Shariah-Compliant Housing Finance Across Pakistan

Asaan Ghar Finance and BankIslami sign an MoU to support Ghar Ho To Apna and expand Shariah-compliant housing finance.

PBA Chairman Calls for Banking Reforms on Credit Digital Infrastructure and Sovereign Borrowing

PBA Chairman Zafar Masud outlines proposals for credit expansion, financial data, digital infrastructure and banking-sector reforms.

TASDEEQ Promotes Digital Access to Credit Reports Through App for Better Financial Awareness in Pakistan

TASDEEQ encourages consumers to access their credit reports through its app to better understand their credit standing and financial profile.

Finance Minister Meets NBP Leadership to Discuss Digital Transformation Financial Inclusion and SME Financing

Finance Minister Muhammad Aurangzeb meets NBP leadership to discuss digital transformation, financial inclusion, SME support and banking priorities.

PSX Signs MoU With Iqra University to Advance Financial Literacy Research and FinTech Knowledge

PSX and Iqra University sign an MoU covering financial literacy, research and emerging areas including AI, blockchain and Islamic FinTech.

SBP Opens Second Regulatory Sandbox Cohort for AI Payments Remittances and NextGen Financial Services

SBP launches its second Regulatory Sandbox cohort for AI, payment innovations, inward remittances and next-generation financial services.

Faysal Bank Consumer Finance Reaches PKR 100 Billion ENR Milestone Amid Expanding Financing Portfolio

Faysal Bank Consumer Finance reaches PKR 100 billion in ENR, marking a major milestone for its consumer financing business.
spot_img

Related Articles

Popular Categories