Tag: FATF compliance

Binance CEO Meets Pakistan Leadership to Discuss Crypto Regulation and Virtual Asset Framework

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 Set to Launch Central Bank Digital Currency as SBP Nears Pilot Rollout

The State Bank of Pakistan is preparing to launch a pilot for its central bank digital currency, while finalizing legislation to regulate virtual assets. This move signals Pakistan’s commitment to digital finance under a robust regulatory framework.

Pakistan Enacts Virtual Assets Act to Regulate Crypto and Digital Finance, Establishes PVARA

Pakistan has formally approved the Virtual Assets Act 2025, paving the way for comprehensive regulation of cryptocurrencies and digital assets under a new independent authority, PVARA, to ensure transparency, compliance, and innovation.

Pakistan Adopts Landmark Crypto Law, Sets Up National Regulatory Authority

Pakistan has enacted its first comprehensive cryptocurrency law, creating the Pakistan Virtual Asset Regulatory Authority to license and oversee digital assets. This landmark step sets a clear framework for crypto finance, innovation, and Shariah-compliant digital services.

Pakistan Approves Virtual Assets Regulatory Authority to Oversee Crypto and Blockchain Sector

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.