#pakistanicrypto
Pakistan has officially started enforcing its newly approved Virtual Assets Act, 2025. The government held a high-level meeting in Islamabad with representatives from banks, exchange companies, and the jewellery sector to brief them on the new law. This legislation establishes the Pakistan Virtual Asset Regulatory Authority (PVARA), tasked with licensing and regulating crypto and digital asset businesses across the country.
The new framework aims to bring Pakistan in line with global financial norms, including FATF compliance, while also providing legal clarity for investors and companies operating in the virtual asset space. With the law approved by the Cabinet, Prime Minister, and President earlier this month, Pakistan takes a big step forward in legitimizing and monitoring its growing crypto industry.
As the crypto space continues to evolve globally, this development signals the government’s intention to both regulate and embrace innovation in the digital finance sector.
