🚨 Big Crypto Update from Pakistan! 🚨
Pakistan’s Virtual Assets Regulatory Authority (PVARA) has officially held its first board meeting in Islamabad – a landmark step toward embracing crypto, blockchain, and digital assets in the country.
✅ Key highlights:
◇Plans to review and possibly withdraw the
SBP’s 2018 crypto ban.
◇Launching a complaint portal with the National
Cyber Crime Investigation Agency (NCCIA) to
protect users.
◇Focus on AML/CFT compliance to align with
global standards.
◇Drafting a crypto licensing framework for banks
and exchanges.
◇Formation of committees on sandbox testing,
taxation, and regulations.
◇Bi-monthly meetings to ensure continuous
progress and stakeholder input.
💬 Finance Minister called this a milestone for Pakistan’s digital economy, while PVARA Chairman Bilal bin Saqib emphasized building trust, innovation, and global credibility in the virtual assets space.
🇵🇰 Could this mean Pakistan is finally ready to embrace crypto adoption?
#PakistanCrypto #Blockchain #CryptoAdoption #PVARA #DigitalEconomy
