Tag: digital finance regulation

Pakistan Senate Approves Virtual Assets Bill 2025 to Regulate Crypto and Digital Finance Sector

Pakistan Senate committee approves Virtual Assets Bill 2025, paving the way for the Pakistan Virtual Asset Regulatory Authority to license and supervise cryptocurrency exchanges and digital wallet providers.

Mobile Wallets and Digital Bank Accounts Without Biometric Verification to Be Blocked From October 25

Starting October 25, 2025, the State Bank of Pakistan will block all digital bank accounts and mobile wallets without biometric verification, as part of its new framework to enhance financial security, transparency, and compliance across the country’s banking ecosystem.