Pakistan Establishes Independent Digital Assets Regulator PVARA

Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia. PVARA will license and monitor Virtual Asset Service Providers (VASPS), ensuring compliance with.. The post Pakistan Establishes Independent Digital Assets Regulator PVARA appeared first on 99Bitcoins.

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Jul 9, 2025 - 19:00

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Pakistan Establishes Independent Digital Assets Regulator PVARA

Pakistan has launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee its crypto sector. The move was announced on the 8th of July and signals Pakistan’s intention to join and become one of the key digital finance hubs in South Asia.

PVARA will license and monitor Virtual Asset Service Providers (VASPS), ensuring compliance with FATF, IMF, and the World Bank standards. Backed by a large informal crypto market and young population, Pakistan eyes innovation but must navigate the IMF assessment and energy policy changes.

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PVARA: Pakistan’s Bid To Dominate South Asia’s Crypto Scene

With the 8th of July 2025 launch of the Pakistan Virtual Assets Regulatory Authority (PVARA), the country is officially entering the global race to regulate and capitalize on crypto. The authority aims to formalize Pakistan’s $300 billion crypto economy.

License Virtual Asset Service Providers (VASPs), and bring transparency to digital finance. This led to the creation of the Pakistan Crypto Council (PCC) and the proposed Strategic Bitcoin Reserve, which is part of a bigger picture to build a regulatory framework for crypto innovations.