Pakistan Senate Committee Approves Virtual Asset Act 2026

Pakistan Senate committee approves draft Virtual Asset Act 2026, paving way for legal crypto trade. Pakistan Virtual Assets Regulatory Authority (PVARA) to grant licenses for crypto coin issuance and regulate crypto exchanges under new law. Follows PVARA regulatory sandbox launch earlier this month.

High impact🇵🇰 PakistanRegulationLicensingBTCETHUSDTUSDC

APAC FINSTAB analysis

For APAC operators, this creates a high-impact signal around regulation, licensing in Pakistan. Protocols/assets in scope: BTC, ETH, USDT, USDC. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

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