📢 In a historic move for Asia's crypto ecosystem, Pakistan has taken two firm steps towards the adoption and regulation of the sector:
In March 2025, the Pakistan Crypto Council was created.
On July 8, 2025, the PVARA (Pakistan Virtual Asset Regulatory Authority) was officially launched, led by global entrepreneur Bilal Bin Saqib.
This structure aims to make Pakistan a global crypto hub, with clear rules aligned to international FATF (Financial Action Task Force) standards.
🏛️ What is the PVARA?
The PVARA is a national authority responsible for:
✅ Issue licenses for exchanges, custodians, and token issuers
✅ Supervise activities with digital assets
✅ Ensure compliance with KYC/AML under FATF standards
✅ Promote innovation with a controlled regulatory sandbox
🌍 Why is it so relevant?
🔹 Pakistan has over 220 million inhabitants, many without access to the banking system.
🔹 The country is already adopting stablecoins, digital remittances, and DeFi solutions.
🔹 This legal framework will attract foreign investment, promote local startups, and prevent scams or massive frauds.
Additionally, with the creation of the Pakistan Crypto Council, a bridge was established between the government, the private sector, and academia to develop a sustainable and ethical national crypto-economy.
👤 Who is Bilal Bin Saqib?
Bilal is not just a public figure: he is an entrepreneur recognized by the UN, and one of the promoters of the responsible use of blockchain for development.
He now leads the implementation of the legal framework that will allow Pakistan to become a regulatory benchmark in South Asia.
🧠 Conclusion
While some countries stifle innovation, Pakistan is building the legal foundation for a decentralized, secure, and accessible future for millions of people.
It's not just good news for Asia: it's a global message that the crypto future can be regulated without being limited.
🗣️ And what do you think?
Can Pakistan lead the way in crypto regulation from emerging markets?
Is this the model that Latin America should follow?
👇 Comment and share this progress with your community.
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