Pakistan Establishes Virtual Assets Regulatory Authority to Lead Trends

--・Verified Binance official account

AI Summary

Pakistan has established a virtual asset regulatory authority to ensure compliance and improve industry standards in the future. This move will help Pakistan occupy a more important position in the global virtual asset field.

According to a report by Deep Tide TechFlow, the federal government of Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) on July 8, responsible for licensing and supervising virtual asset service providers to ensure compliance with international standards. Finance Minister Muhammad Aurangzeb stated that Pakistan must regulate, not only to keep up with trends but to lead them.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

Pakistan Establishes Virtual Assets Regulatory Authority to Lead Trends

Latest News