Pakistan approves Virtual Assets Act 2026, creating the PVARA to license and oversee all crypto service providers

Pakistan’s parliament has passed the Virtual Assets Act, 2026, which is the most comprehensive legal framework on digital assets put together in the country. The Act also establishes the Pakistan Virtual Assets Regulatory Authority (PVARA) and gives it the mandate to license, regulate, and supervise all cryptocurrency service providers operating in the country. PVARA stated […]