Tag: AML compliance

State Bank of Pakistan Enables Banking Access for Licensed Virtual Asset Service Providers

SBP issues BPRD Circular No. 10 of 2026 allowing banks to open accounts for PVARA-licensed crypto entities under a new regulated digital asset framework.

Pakistan’s PVARA Issues NOCs to Binance and HTX Under Phased Cryptocurrency Regulation

Pakistan’s PVARA clarifies that NOCs issued to Binance and HTX are not blanket approvals but part of a structured, risk-mitigated framework for cryptocurrency regulation, emphasizing transparency, compliance, and local ecosystem development.

Virtual Assets in Pakistan: A Conversation on Trust, Innovation, and Regulation

An in-depth analysis of Pakistan’s new digital finance framework following the Virtual Assets Ordinance 2025, examining how the Pakistan Virtual Asset Regulatory Authority and the State Bank of Pakistan aim to balance innovation with oversight, strengthen consumer protection, and build trust in cryptocurrencies, tokenized assets, and virtual asset service providers.