Pakistan charts path for regulated crypto, digital assets

November 21, 2025 (MLN): The Pakistan Virtual Asset Regulatory Authority (PVARA) is developing a comprehensive framework to formalize cryptocurrency and digital asset operations, aiming to provide legal clarity, attract investment, and ensure financial stability amid growing interest in digital assets.

The move came as authorities work to provide legal clarity, attract investment, and ensure financial stability amid rising interest in digital assets.

During a high-level review at the Pakistan Virtual Asset Regulatory Authority (PVARA) yesterday, the Finance Minister was briefed on progress in drafting regulatory guidelines, stakeholder consultations, and the phased development of governance structures for virtual assets.

The meeting focused on consumer protection, risk mitigation, and aligning Pakistan’s digital asset policies with national priorities, according to the Press Statement. 

The Finance Minister directed his office to address administrative and procedural hurdles and emphasized the importance of timely implementation.

He highlighted that regulatory clarity is essential for safeguarding Pakistan’s economic interests and supporting investment in the emerging digital economy.

PVARA Chairman Bilal Bin Saqib said the Authority is committed to responsible innovation and strong safeguards.

Pakistan’s regulatory efforts are gaining global visibility, with the Chairman joining the World Economic Forum’s Steering Committee on Digital Asset Regulations, positioning the country to influence international digital asset policy.

Industry analysts note that a clear and enforceable regulatory framework could boost investor confidence, attract foreign capital, and help Pakistan integrate into the global digital economy while reducing risks associated with unregulated crypto activity.

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