Original sourceThe Express Tribune
Summary
Pakistan, through the Pakistan Virtual Asset Regulatory Authority (PVARA), has launched a comprehensive virtual asset licensing framework with 10 license categories (exchanges, custody, brokers, advisors, lending, derivatives, asset management, etc.). All existing virtual asset service providers mu…
Key points
- Understand the formalization of Pakistan's crypto regulation and its impact on local industry and international firms.
- Pakistan's licensing provides legal avenues for crypto services and may attract international investment.
- For local businesses, compliance costs increase but banking services may resume; for international firms, new market opportunities emerge.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.