Tag: virtual assets

Pakistan Nears Full Licensing Framework For Virtual Asset Service Providers

Pakistan is nearing a full licensing regime for virtual asset service providers as PVARA advances its regulatory framework.

PVARA Nears Licensing Regime for Virtual Asset Service Providers

PVARA says Pakistan is moving closer to a licensing regime for virtual asset service providers focused on transparency, investor protection and regulation.

US Sanctions Iran-Linked Crypto Exchanges and Shadow Banking Networks

The US has sanctioned Iran-linked crypto exchanges and shadow banking networks over alleged money laundering and sanctions evasion activities.

PVARA Advances Licensing Regulations for Virtual Asset Service Providers

PVARA reviews progress on its regulatory framework and advances HR and licensing regulations for virtual asset service providers in Pakistan.

Lahore High Court Rules P2P Crypto Trading Alone Is Not Illegal

Lahore High Court rules that P2P crypto transactions and receiving related funds in bank accounts alone do not constitute fraud or electronic crime.

Khyber Pakhtunkhwa Imposes 5 Percent Sales Tax on Cryptocurrency and Digital Asset Intermediaries in Finance Act 2026

Khyber Pakhtunkhwa introduces a five percent sales tax on cryptocurrency exchanges, wallet providers, and virtual asset intermediaries under the Finance Act 2026 to expand provincial revenue streams.

Bitcoin Halts Five Day Rally as Profit Taking Pulls Valuation to Sixty Two Thousand Mark

The leading digital currency pauses its recent winning streak due to short term investor selloffs despite posting positive metrics over weekly and monthly periods.

Easypaisa Digital Bank and Binance Sign Strategic Memorandum of Understanding to Advance Financial Technology Innovation

Easypaisa digital bank partners with Binance under a new exploratory framework to evaluate digital savings, investment solutions, and capacity-building initiatives within Pakistan.

Binance and Telenor Pakistan Sign MoU to Drive Blockchain Innovation and Digital Education

Binance and Telenor Pakistan partner to explore blockchain innovation, advanced education initiatives, and technology workshops across the country.

Investigation Reveals Nobitex Crypto Exchange as Key Node in Iran Parallel Financial System Amid War

A Reuters investigation discovers that the elite Kharrazi family controls Nobitex, Irans largest crypto exchange, moving millions for sanctioned entities including the IRGC.

Prime Minister Shehbaz Sharif Directs Fast Track Operationalization of International Standard Virtual Asset Regulations

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

PVARA Engages with Prime Minister Office to Expand Virtual Assets Regulatory Sandbox for Financial Innovation

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.