Pakistan has officially invited international cryptocurrency exchanges and digital asset firms to apply for local licences, aiming to regulate its booming market while ensuring compliance with global financial oversight standards. The Pakistan Virtual Asset Regulatory Authority (PVARA), established under the Virtual Assets Ordinance 2025, announced the call for applications and encouraged leading Virtual Asset Service […]
Pakistan Virtual Asset Regulatory Authority (PVARA)
Zardari greenlights law to regulate crypto and digital assets
President Asif Ali Zardari has approved the Virtual Assets Act, 2025, establishing the Pakistan Virtual Asset Regulatory Authority (PVARA). This new federal authority will license, regulate, and supervise all entities dealing in digital assets. The Federal Cabinet endorsed the creation of the authority earlier this week. This marks a major shift in how Pakistan plans […]