Tag: crypto regulation Pakistan

Malik Bostan and Pakistan Crypto Council discuss how digital assets and formal crypto licensing could lower transaction costs and significantly boost national remittance inflows.

Pakistan Virtual Assets Regulatory Authority mandates prior authorization for all virtual asset services including stablecoin pilots and cross border remittance partnerships.

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.

VEON CEO Kaan Terzioglu meets PVARA Chairman Bilal Bin Saqib to discuss opportunities under Pakistan Virtual Assets Act 2026 and expansion of digital asset access.

Pakistan’s Senate approves the Virtual Assets Bill 2025 to establish a permanent legal framework for cryptocurrencies and digital assets, strengthening regulation, licensing, and compliance with global standards.

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

Finance Minister Muhammad Aurangzeb says Pakistan is at a critical early stage of shaping its digital asset ecosystem as talks with U.S.-based Icoin Technology focus on regulation, innovation, and financial inclusion.

Pakistan’s Ministry of Finance signs MoU with SC Financial Technologies LLC to explore secure digital payment infrastructure, cross-border settlement innovations, and the potential use of the USD1 stablecoin.

Pakistan’s Virtual Assets Regulatory Authority and a UAE delegation held talks on real-world asset tokenisation, focusing on real estate, government assets and future debt instruments under a regulated framework.

Pakistan’s proactive crypto regulations, tokenization initiatives, and tech-savvy population position the country to become a global leader in digital assets by 2030, attracting international investment and innovation.

The State Bank of Pakistan and PVARA held discussions on launching a virtual currency and creating a regulatory framework for virtual assets. The move follows a MoU with Binance to explore blockchain-based tokenization of government bonds, treasury bills, and other federal assets worth up to $2 billion.

Pakistan’s Virtual Assets Regulatory Authority has issued NOCs to Binance and HTX, allowing regulated engagement as part of a phased, AI-enabled framework to strengthen compliance, AML controls, and responsible crypto innovation.