Tag: blockchain regulation

Pakistan is steadily progressing toward the development of a structured and regulated digital asset ecosystem as it engages with...

ICMAP has proposed a detailed framework to regulate cryptocurrency and launch a CBDC in Pakistan, aiming to modernize the financial sector, attract investment, and enhance financial inclusion.

Pakistan’s Federal Cabinet has approved the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), paving the way for a formal framework to regulate cryptocurrencies, blockchain, and virtual assets. The move supports Pakistan’s push to become a digital finance hub.

The State Bank of Pakistan has launched its much-anticipated regulatory sandbox, enabling startups to experiment with financial innovations under relaxed oversight. This move follows SECP's earlier efforts and highlights a more structured push toward digital transformation in Pakistan’s financial sector.