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News Desk

Currency dealers meet Pakistan’s crypto chief

Published on: April 29, 2026 2:16 AM

The Exchange Companies Association of Pakistan (ECAP) leadership held a meeting with Chairman Pakistan Virtual Assets Regulatory Authority (PVARA) and Minister of State Bilal Bin Saqib on April 24, 2026, to discuss avenues for collaboration and mutual growth within the financial and digital asset ecosystem.

According to a press statement released on Tuesday, the ECAP delegation was led by Malik Bostan, Chairman of ECAP, and Zafar Paracha, President of ECAP, along with other senior members of the association.

During the meeting, Paracha presented ECAP’s position and provided a comprehensive briefing, outlining the role of exchange companies, key industry concerns, and the potential for alignment with the emerging cryptocurrency framework. The meeting focused on fostering a better understanding of emerging trends in cryptocurrency and exploring how traditional exchange companies can align with evolving financial technologies.

Both sides expressed the importance of continued engagement and emphasised that a collaborative dialogue would be valuable in identifying opportunities, addressing challenges, and strengthening coordination between their respective organisations.

The discussion also highlighted the need for regulatory clarity, innovation, and cooperation to ensure sustainable growth in Pakistan’s financial sector. “ECAP remains committed to working closely with stakeholders to support the development of a transparent, secure, and progressive financial environment in the country,” read the statement.

Filed Under: Business Tagged With: CRYPTO

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