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BTCC / BTCC Square / Global Cryptocurrency /
Pakistan’s Federal Cabinet Authorizes Regulatory Body for Virtual Assets

Pakistan’s Federal Cabinet Authorizes Regulatory Body for Virtual Assets

Author:
Global Cryptocurrency
Published:
2025-07-08 21:16:01
13
2
BTCCSquare news:

Pakistan has taken a significant step toward formalizing its cryptocurrency landscape with the establishment of the Pakistan Virtual Assets Regulatory Authority (PVARA). The federal cabinet approved the autonomous body to oversee digital asset regulation, aligning with Financial Action Task Force standards and global best practices.

The move follows the creation of the Pakistan Crypto Council in March, signaling a coordinated push for blockchain and digital asset governance. PVARA will license and monitor VIRTUAL asset service providers, aiming to bolster investor confidence in the nascent market.

|Square

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