The government announced on Wednesday that President Zardari had approved the ‘Virtual Assets Ordinance, 2025’ to establish an independent regulator for virtual assets and cryptocurrencies.

However, an official statement from the office of the state minister referred to it as the ‘Virtual Assets Act, 2025’, leading to confusion and concerns about why the draft law had not been moved to the National Assembly or Senate, as required for a bill to become an act of parliament.

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