Tag: PVARA Bill

Pakistan Fintech Network organizes the EMI Forum to discuss regulatory frameworks, stablecoin issuance, onboarding guidelines, and operational challenges facing non-bank e-money institutions, fostering collaboration in the digital financial ecosystem.

The State Bank of Pakistan has linked digital assets to the Foreign Exchange Regulation Act, capping outbound transfers at $100,000 annually. The Senate Finance Committee is debating the PVARA Bill as concerns mount over $21 billion invested by Pakistanis in crypto markets.