Tag: regulatory sandbox

The State Bank of Pakistan is accepting applications for its second Regulatory Sandbox cohort, including innovations in payments, AI and digital remittances.

The State Bank of Pakistan invites applications for Regulatory Sandbox Cohort 2, focusing on AI-driven financial services, credit assessment and fraud detection, with a deadline of November 30, 2026.

Pakistan Virtual Assets Regulatory Authority Chairman Bilal Bin Saqib briefs Prime Minister Shehbaz Sharif and the Federal Cabinet on licensing, regulatory sandbox development, and AI-enabled oversight.

SBP launches its second Regulatory Sandbox cohort for AI, payment innovations, inward remittances and next-generation financial services.

SBP concludes its first Regulatory Sandbox cohort, with four participants successfully demonstrating solutions focused on inward remittances and open banking.

PM Shehbaz Sharif meets PVARA Chairman Bilal Bin Saqib to expedite Pakistan virtual asset framework and launch AI powered digital economy initiatives.

PVARA meets with technology entrepreneurs and government officials at the Prime Minister Office to discuss digital asset regulation and the future of finance in Pakistan.

Pakistan Virtual Assets Regulatory Authority mandates prior authorization for all virtual asset services including stablecoin pilots and cross border remittance partnerships.

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traditional oversight, launching a regulatory sandbox to foster fintech innovation while filling the void left by outdated data protection laws.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.