Tag: virtual assets Pakistan

Pakistan moves from informal cryptocurrency adoption toward structured governance by establishing advisory bodies like the Pakistan Crypto Council and a dedicated regulatory authority, aiming to formalize digital assets through licensing, compliance, and institutional oversight while balancing innovation, investor protection, and financial stability.

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

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.

Pakistan holds high-level meetings with Binance Global CEO Richard Teng to advance crypto regulation, strengthen FATF compliance, and develop a secure digital asset framework.

The Senate Standing Committee on IT has raised serious concerns over the formation of the Pakistan Crypto Council, likening it to "having children before marriage" due to its lack of legal and parliamentary backing. The committee demands clarity from the Ministries of Law and Finance on the council's mandate and governance.