Pakistan already has widespread crypto currency adoption, particularly among young users and freelancers. Policymakers now acknowledge that leaving such a large, informal market unregulated carries serious financial and legal risks. According to Chainalysis, Pakistan ranked sixth globally for crypto adoption in 2022 and rose to third by 2025. While broader digitisation has lagged, crypto use […]
cryptocurrency regulation
SBP steps up engagement on digital assets with PVARA
Pakistan’s push to regulate and adopt digital assets gained momentum on Thursday as the State Bank of Pakistan (SBP) held a meeting with the chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). The engagement marked another step towards shaping a formal virtual assets framework in the country. Read More: Virtual-assets watchdog weighs withdrawing SBP’s crypto ban […]