Virtual Assets Act
2 stories
-
cryptoPakistan Central Bank Reverses Crypto Account Ban, Opens Doors for Licensed Providers
State Bank of Pakistan now allows banks to open accounts for licensed virtual asset service providers, reversing a 2018 ban to foster regulated innovation.
-
cryptoPakistan Formalizes Crypto Oversight with Virtual Assets Act
Pakistan's parliament passes the Virtual Assets Act, establishing the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee the nation's growing digital asset industry.