On March 6, 2026, Pakistan's Parliament passed the Virtual Assets Act 2026, fulfilling a key condition set by the IMF for the country's digital financial sector. This legislation formally establishes the Pakistan Virtual Assets Regulatory Authority (PVARA), which will oversee licensing and regulation of virtual asset service providers. The law aims to promote transparency, protect investors, and align Pakistan's regulatory framework with international standards. PVARA is tasked with preventing money laundering and terrorism financing, ensuring compliance with financial regulations, and fostering a stable virtual asset market.
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Pakistan Enacts Virtual Assets Act 2026 for Digital Finance Regulation
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Pakistan's Parliament has enacted the Virtual Assets Act 2026, establishing the Pakistan Virtual Assets Regulatory Authority (PVARA) to regulate the digital finance sector, enhance investor protection, and combat illicit activities like money laundering.
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TEtechjuice.pk
SPstartuppakistan.com.pk
SIfinance.sina.com.cn