Pakistan Virtual Asset Regulatory Authority (PVARA) said it has invited global exchanges and Virtual Asset Service Providers to apply for licensing under the country’s new Virtual Assets Ordinance, 2025.
The authority said the move aims to create a secure and transparent digital assets ecosystem aligned with global standards from the Financial Action Task Force, IMF, and World Bank.
Pakistan’s digital assets market already has more than 40 million users with an estimated annual trading volume of over $300 billion, according to PVARA.
The licensing process is open to exchanges operating under international regulators such as the US SEC, UK FCA, EU VASP, UAE VARA, or Singapore MAS, provided they demonstrate compliance with anti-money laundering, counter-terrorism financing, and cybersecurity requirements.
Bilal bin Saqib, chairman of PVARA and minister of state for crypto and blockchain, said the invitation is meant to encourage leading global firms to help build an inclusive digital financial future for Pakistan.
Submissions are being accepted on a rolling basis via email to PVARA’s headquarters in Islamabad.
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Do not invest in the crypto, even it’s from government.
It’s not safe at all, it’s 100% traceable and it’s not an investment either.
256-bit ssh encryption whatever it is called is easily comprising.
Take it as a psyop.
No thanks. Crypto is scam
Never trusting something this dangerous
Noticed the dislikes must have invested funds and scared for their investment.
You deserve to lose if you lost
you talk too much, have you got nothing better to do? you seem like a very bitter person. hope i am wrong otherwise god help people around you. have a nice day.
Sir exchange bike offer abhi ya nahi
Fun fact
Crypto is loved by
Howard lutnick neighbor and best friend of Jeffrey epstein
Scott bessent the treasury secratary who lost 4.5 billion $ from 5 billion $ hedge fund.
They lost money of investors and now they want crypto
All these steps on Trump’s orders? We do not act on our own.