Tag: cryptocurrency Pakistan

JazzCash and Binance have signed an MoU to explore potential collaboration for the responsible growth of virtual assets in Pakistan, aligned with the country’s evolving regulatory framework and the establishment of PVARA.

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.

Binance and JazzCash have signed a Memorandum of Understanding to explore collaboration on virtual asset solutions, education, and awareness in line with Pakistan’s evolving regulatory framework under PVARA.

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.

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.

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.

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.

Muneeb Ali shares insights on blockchain, Bitcoin, and digital ownership in Pakistan, discussing decentralization, crypto adoption, and global financial integration.