Pakistan’s cryptocurrency sector is undergoing significant changes. In 2025, the government took two major steps to regulate and support the industry.

First, the Pakistan Virtual Assets Regulatory Authority (PVARA) was established to oversee crypto exchanges and digital assets. Alongside this, the Pakistan Crypto Council (PCC) was formed, with Binance CEO Changpeng Zhao (CZ) serving as a global advisor.

What is PVARA and What Does It Do?

PVARA is now the official regulatory body for crypto activities in Pakistan.

All crypto exchanges and wallet providers must obtain a license from PVARA.

Strict Anti-Money Laundering (AML) and Know Your Customer (KYC) rules will be enforced.

The authority will also oversee Sharia-compliant crypto products.

These measures aim to prevent fraud and illegal activity in the crypto market.

Pakistan Crypto Council (PCC)

The PCC acts as a bridge between the government and the crypto industry.

It includes representatives from crypto companies, regulators, and financial experts.

The council advises on policy and investor protection.

Binance’s CZ is a key advisor, providing international expertise.

What Does This Mean for Traders and Investors?

Pakistani traders will be able to legally operate on licensed exchanges.

Converting Pakistani Rupees (PKR) to cryptocurrencies will become easier.

New opportunities for Sharia-compliant crypto investments will emerge.

Crypto taxation laws are expected soon, providing clarity for investors.

Regional Comparison

Pakistan

  1. Crypto Policy: Regulatory Framework

  2. Industry Support: Pakistan Crypto Council (PCC), Binance Support

  3. Current Status: Growing Market

India

  1. Crypto Policy: Restrictive

  2. Industry Support: Central Bank Control

  3. Current Status: Large User Base

UAE

  1. Crypto Policy: Supportive

  2. Industry Support: Government Backing

  3. Current Status: Regional Leader

China

  1. Crypto Policy: Private Crypto Banned

  2. Industry Support: Focus on Central Bank Digital Currency (CBDC)

  3. Current Status: Limited Trading

What’s Next?

Q4 2025: Launch of Pakistan’s first licensed crypto exchange.

Q1 2026: Introduction of Sharia-compliant crypto token guidelines.

Ongoing: Finalization of crypto tax regulations.

2026 and beyond: Blockchain projects for land registry, voting, and logistics will begin.

Conclusion

Pakistan’s crypto industry is moving towards clear regulation and safer trading. These changes open new doors for traders, investors, and startups.

By operating within the law, Pakistan’s crypto market has the potential to become a key player in South Asia’s growing blockchain ecosystem.

What do you think about Pakistan’s new crypto policies? Share your thoughts below.

#CryptoPakistan