On September 24, 2025, Pakistan launched new rules for digital assets. The Pakistan Virtual Assets Regulatory Authority (PVARA) now invites global cryptocurrency exchanges to get licenses and operate in the country.
Pakistan has nearly 40 million users who trade digital assets. The annual volume is about $300 billion. Before today, most of this activity was unregulated. PVARA aims to make trading safer and more in line with world standards, reducing financial risks.
Read: State Bank of Pakistan Plans Digital Currency with Strict Rules
Companies that wish to join must hold licenses issued by trusted foreign regulators. They also need to adhere to strict Know Your Customer (KYC) rules and provide transparent company information. These steps help make trading safe and transparent.
PVARA’s new system will oversee the cryptocurrency market. It requires companies to meet strict standards. The license process will protect users, improve financial stability and help the sector grow.
Regulating crypto may cut illegal transactions. It also supports Pakistan’s digital economy and could increase trust with international investors. This step aligns with the global trend toward tighter digital asset oversight.
