Tag: regulatory sandbox

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

IFC and PFN are partnering for the Financial Sector Regulatory Sandbox Workshop on October 2, 2025, to share global experiences and private sector insights on open banking, remittances, and merchant onboarding, aiming to accelerate fintech innovation in Pakistan.

As Pakistan’s financial sector rapidly digitizes, the State Bank of Pakistan is stepping beyond traditional oversight, launching a regulatory sandbox to foster fintech innovation while filling the void left by outdated data protection laws.

Pakistan has launched a nationwide initiative to find innovative offline payment solutions, inviting proposals for fully and partially offline models. Workshops in Lahore and Karachi will support idea sharing, and winners will receive funding and a chance to pilot their solutions.

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 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.

The State Bank of Pakistan has launched its much-anticipated regulatory sandbox, enabling startups to experiment with financial innovations under relaxed oversight. This move follows SECP's earlier efforts and highlights a more structured push toward digital transformation in Pakistan’s financial sector.

Pakistan Fintech Network (PFN) recently partnered with the State Bank of Pakistan (SBP) in a key dialogue session outlining the central bank’s Regulatory Sandbox Framework. The initiative aims to encourage safe fintech experimentation, regulatory modernization, and enhanced financial inclusion across Pakistan.

Industry leaders and regulators discuss insurtech, digital onboarding, and regulatory reforms to address Pakistan insurance protection gap at CXO Leadership Live.