🇵🇰 Pakistan Opens Doors to Global Crypto Firms
Pakistan has taken a bold step in crypto adoption by launching a new licensing program for international exchanges and service providers.
On September 14, 2025, the Pakistan Virtual Asset Regulatory Authority (PVARA) invited global crypto firms to apply for operational licenses – signaling a huge policy shift from earlier restrictions on digital assets.
🔑 Key Points:
●Eligibility: Only firms licensed by top regulators (US SEC, UK FCA, EU, UAE, Singapore) can apply.
●Requirements: Companies must submit details on security, services, funds under management, and a Pakistan-specific business plan.
●Market Size: Over 40M crypto users in Pakistan, with annual trading exceeding $300B. Ranked #3 globally for adoption in 2025.
●Beyond Exchanges: Pakistan plans a strategic Bitcoin reserve (never to be sold) and allocated 2,000MW of power for Bitcoin mining & AI data centers.
●Concerns: IMF questions energy allocation for mining; PVARA must balance innovation with Islamic finance compliance.
🚀 Why It Matters
Pakistan has gone from banning Bitcoin in 2018 to becoming one of the fastest-growing crypto markets in the world. With regulatory clarity, strong energy resources, and massive demand, the country is positioning itself as a future hub for digital finance in South Asia.
👉 Applications are open with no fixed deadline. Global exchanges now have a chance to tap into one of the largest untapped crypto markets worldwide.
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