Islamabad: The Pakistan Virtual Assets Regulatory Authority (PVARA) held a high-level meeting with a senior delegation from the United Arab Emirates at the Prime Minister’s Office to advance Pakistan’s national agenda on real-world asset (RWA) tokenisation. The meeting was chaired by Bilal Bin Saqib, Chairman of PVARA, and attended by senior officials of the Authority. […]
Islamabad: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib and State Bank of Pakistan (SBP) Governor Jameel Ahmad on Thursday held discussions on key developments related to digital assets, including adoption frameworks, Central Bank Digital Currency (CBDC) implementation, and Pakistan’s broader regulatory roadmap for the digital asset ecosystem. In a statement shared on […]
Islamabad: In a move aimed at leveraging emerging financial technologies to strengthen Pakistan’s capital markets and expand global investor access, the Ministry of Finance, Government of Pakistan, has signed a Memorandum of Understanding (MoU) with Binance Investments Co., Ltd., one of the world’s leading blockchain and digital asset technology companies. The MoU was signed at […]
The Securities and Exchange Commission of Pakistan (SECP) has issued requirements for undertaking Digital Asset Management Services (DAMS) by Digital Asset Management Companies (Digital AMCs). The SECP has issued S.R.O. 1438(I)/2025 to amend the Non-Banking Finance Companies and Notified Entities Regulations, 2008. According to the regulations, a “Digital Platform” means a tool, application, software, or […]
ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has welcomed successful negotiations with the US Administration leading to a tariff deal. He expressed these sentiments during a meeting Robert Kaproth, Assistant US Treasury Secretary for International Finance and Counselor Jonathan Greenstein here in Washington DC, where he has arrived to attend the annual […]
Minister of State for Crypto and Blockchain meets White House advisor to discuss collaboration on digital assets and technology innovation. Minister of State for Crypto and Blockchain, Bilal bin Saqib, met with President Trump’s crypto advisor, Patrick Witt, at the White House to explore ways to strengthen cooperation between Pakistan and the United States in […]
ISLAMABAD – The Pakistan Virtual Asset Regulatory Authority (PVARA) has invited expressions of interest (EoI) from leading global exchanges and virtual asset service providers (VASPs) to participate in Pakistan’s digital economy, according to a statement issued by the Finance Division on Saturday. The announcement follows PVARA’s inaugural board meeting last month, where it discussed lifting […]
ISLAMABAD: The State Bank of Pakistan (SBP) has agreed in principle to legalise digital currencies, with a formal regulatory framework currently being developed. This was disclosed by Acting Deputy Governor Dr. Inayat Hussain during a briefing to the Senate Standing Committee on Finance and Revenue on Wednesday. The meeting, chaired by Senator Saleem Mandviwalla, discussed […]
Islamabad, September 3 — The Senate Standing Committee on Finance and Revenue has recommended placing the proposed Virtual Assets Authority under the Finance Division instead of the Cabinet Division, citing the specialized nature of its functions. The recommendation came during a committee meeting held at the Parliament House on Wednesday, chaired by Senator Saleem Mandviwalla. […]
The Pakistan Virtual Assets Regulatory Authority (PVARA) held its first board meeting today in Islamabad, marking a major step in Pakistan’s journey toward embracing blockchain, virtual assets, and the digital economy. The Board approved the creation of a complaint portal, developed in collaboration with the National Cyber Crime Investigation Agency (NCCIA), to address concerns related […]