Tag: PVARA

PVARA launches new sandbox guidelines and opens applications for asset-referenced tokens and stablecoins under the Virtual Assets Act 2026.

Pakistan introduce the Virtual Assets Act 2026, granting legal authority to PVARA to license and regulate crypto exchanges and digital asset platforms while strengthening oversight of the country’s digital asset market.

Pakistan moves to regulate digital assets with Senate panel approval of Virtual Assets Bill 2025, creating PVARA to license and supervise virtual asset service providers and protect investors.

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

Advisor to the Finance Minister Khurram Schehzad says Digital Nation Pakistan 2025 is a comprehensive vision focused on digital governance, crypto regulation, and financial inclusion.

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

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.

Crescent Star Insurance Limited has announced plans to expand into digital and virtual assets through a proposed joint venture, marking a strategic shift by the Pakistani insurer toward technology-driven diversification beyond traditional insurance services.

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.

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.

Binance and Fauji Foundation have signed a Letter of Intent to explore blockchain, cryptocurrency, digital payments and Web3 collaboration in Pakistan, focusing on infrastructure development and youth education.