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Authority to Regulate Crypto and Digital Assets Formed

Summary by Dawn
President signs Virtual Assets Ordinance to establish PVARA.

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Abdullah Kamran Pakistan is gradually moving towards legal and institutional recognition of cryptocurrencies and digital assets. In a recent development, the federal cabinet has approved the establishment of the “Pakistan Virtual Assets Regulatory Authority”, which will be responsible for licensing, supervising and setting regulations for entities providing services related to virtual assets in the country. According to the Ministry of Finance, …

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Business Recorder broke the news in on Wednesday, July 9, 2025.
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