How Cryptocurrency Can Rescue Real Estate in Pakistan

How cryptocurrency can rescue real estate in Pakistan

Pakistan's real estate sector, once considered a pillar of economic stability, is now grappling with a credibility crisis. Widespread fraud, unchecked land mafias, tax evasion and manipulation of property records have all contributed to an environment of mistrust and uncertainty. This erosion of confidence has affected not only domestic stakeholders but also the millions of overseas Pakistanis who have traditionally invested in property as a saf…

Pakistan approves creation of Virtual Assets Regulatory Authority  - Profit by Pakistan Today

Authority will oversee virtual asset service providers, ensuring compliance with FATF guidelines and boosting Pakistan's position as a digital asset hub

Pakistan greenlights independent regulator to oversee digital assets

ISLAMABAD: The federal cabinet this week approved the summary to create the Pakistan Virtual Assets Regulatory Authority (PVARA),the office of the minister of state on blockchain and crypto said, describing it a “landmark step” to oversee the country’s rapidly growing digital assets ecosystem. The development takes place less than four months after the government set up the

Regulatory body formed to oversee digital assets

New authority to licence and monitor crypto platforms under FATF guidelines.

Pakistan Establishes Independent Digital Assets Regulator PVARA

Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset Service Providers (VASPS), ensuring compliance with FATF, IMF, and the World Bank standards. Backed by a large informal crypto market and young popula…

Pakistan Unveils Independent Crypto Regulator to Align With FATF and Global Standards

On July 8, the Pakistan government announced the establishment of the Pakistan Virtual Assets Regulatory Authority, an independent body responsible for licensing, monitoring, and supervising virtual asset service providers (VASPs). Introduction of Virtual Assets and Trust The Pakistan government announced on July 8 the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), a body... The post Pakistan Unveils Independent Crypto Regul…