PVARA says any deals, pilots involving virtual assets require prior authorisation

The Pakistan Virtual Assets Regulatory Authority (PVARA) said on Monday that any agreement or pilot announced involving virtual assets required prior authorisation. Earlier this month, the State Bank of Pakistan (SBP) had announced a significant policy change, legalising and encouraging the use of virtual assets through the enactment of the Virtual Assets Act 2026. Under the Act, PVARA is the statutory authority responsible for the licensing, regulation, supervision and oversight of virtual a...

By none@none.com (News Desk)