17ชม. ที่แล้ว
Pakistan enacts 2026 Virtual Assets Act, granting PVARA statutory powers and imposing fines up to PKR 50 million
Pakistan’s parliament has passed the Virtual Assets Act, 2026, turning the Pakistan Virtual Assets Regulatory Authority into a permanent federal regulator for digital assets with licensing and supervisory powers. The law, which takes effect upon publication in the official Gazette, introduces criminal penalties for unlicensed crypto operations, including fines up to PKR 50 million and prison terms of up to five years, and sets conditions for market entry for global firms.