Pakistan Crypto Regulator Calls for Dialogue After Ruling on Crypto Payments
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12 Articles
Pakistan’s Crypto Ban Casts Shadow Over $41.6B Remittance Flows
ISLAMABAD, July 13, 2026, 15:13 (PKT) Pakistan’s crypto regulator is in talks with top Islamic scholar Mufti Taqi Usmani after a fatwa declared that crypto purchases are not acceptable under Islamic law, pushing a religious dispute into the country’s still-forming licensing plan. Bilal bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority, said tokens…
In Pakistan, digital assets should be considered separately from a Shariah perspective, rather than as a single class, according to Bilal bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA). Earlier, Mufti Taqi Usmani stated that cryptocurrency purchases, including USDT, are not...
PVARA chairman pushes for Shariah review to protect 40 million crypto users after Mufti Taqi Usmani's fatwa
The Pakistan Virtual Assets Regulatory Authority (PVARA) is seeking to establish a dual regulatory and religious evaluation framework for digital currencies. The initiative aims to reconcile the country’s expanding digital economy with Islamic financial principles, focusing on consumer safety and technological assessment. The push for a specialized review follows a religious decree issued on June […] The post PVARA chairman pushes for Shariah re…
Mufti Taqi Usmani: Crypto Fatwa Challenges, Pakistan's PVARA Digital Asset Framework - CryptoGazette
Mufti Taqi Usmani's crypto fatwa declaring cryptocurrencies non-wealth under Sharia challenges Pakistan's PVARA framework and Virtual Assets Act compliance. The post Mufti Taqi Usmani Crypto Fatwa Challenges Pakistan’s PVARA Digital Asset Framework appeared first on CryptoGazette.
Pakistan Regulator Defends Position Amid Haram Fatwa On Crypto
Pakistan’s digital assets regulator urged continued discussions with Islamic scholars and industry experts after a recent fatwa declared crypto “haram.” A recent fatwa, an authoritative opinion based on sharia law, has triggered a major debate on cryptocurrencies. Mufti Taqi Usmani, a renowned Islamic scholar and former judge of the Federal Shariat Court, declared these digital assets “impermissible” (haram). Bilal bin Saqib, Chairman of the Pak…
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