Tag: PVARA Pakistan

Pakistan’s Virtual Assets Regulatory Authority has issued NOCs to Binance and HTX, allowing regulated engagement as part of a phased, AI-enabled framework to strengthen compliance, AML controls, and responsible crypto innovation.

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 Virtual Assets Regulatory Authority (PVARA) has begun deliberations on lifting the State Bank of Pakistan’s 2018 ban on cryptocurrencies. The authority’s first board meeting also set out a roadmap for licensing, regulation, AI-driven risk management, and global integration of Pakistan’s virtual asset ecosystem.