Tag: blockchain Pakistan

The Institute of Cost and Management Accountants of Pakistan highlights X8X Token and OneGram as reliable Sharia compliant digital assets for ethical investing.

Visa convenes Pakistan banking and fintech leaders to discuss stablecoin adoption, regulatory frameworks, and the future of digital asset settlements in the country.

PVARA launches a regulatory sandbox for virtual assets, providing a controlled environment for testing tokenisation, stablecoins, remittances, and Web3 solutions under regulatory oversight.

Pakistan appoints Focal Person for Crypto & Blockchain under PMYP to strengthen local ecosystem, promote youth engagement, and drive capacity-building in digital finance and blockchain technology.

Mari Technologies and global digital asset exchange HTX have signed a Letter of Intent to explore collaboration in blockchain, cryptocurrency, payments, and Web3 technologies, supporting Pakistan’s digital economy and financial inclusion goals.

Binance and Fauji Foundation have signed a Letter of Intent to explore blockchain, cryptocurrency, digital payments and Web3 collaboration in Pakistan, focusing on infrastructure development and youth education.

Pakistan holds high-level meetings with Binance Global CEO Richard Teng to advance crypto regulation, strengthen FATF compliance, and develop a secure digital asset framework.

Pakistan has launched a licensing framework for cryptocurrency exchanges through the Virtual Assets Regulatory Authority, inviting global service providers to operate under strict KYC and compliance standards.

Pakistan’s Virtual Asset Regulatory Authority (PVARA) has invited global crypto exchanges and service providers to apply for licensing under the new Virtual Assets Ordinance 2025, aiming to build a secure, transparent, and globally compliant digital assets ecosystem.

The Pakistan Virtual Assets Regulatory Authority held its first board meeting, where it discussed lifting the State Bank of Pakistan’s 2018 ban on crypto transactions. The authority also approved a complaint portal, licensing framework, and regulatory roadmap to align Pakistan with global practices in blockchain and virtual assets.

The State Bank of Pakistan and Japan’s Soramitsu will launch a pilot of a digital Pakistani rupee this year, aiming to enhance financial inclusion and reduce cash dependency with offline CBDC capabilities.

Pakistan and Kyrgyzstan have agreed to boost cooperation in cryptocurrency, blockchain, and digital finance through joint regulation, innovation sharing, and a proposed MoU, marking a major step toward building a secure and transparent digital economy in the region.