Pakistan approved the Virtual Assets Act 2026, a legislation that establishes a national regulatory framework for the crypto sector and grants permanent legal standing to the Pakistan Virtual Assets Regulatory Authority (PVARA).
The authority had initially been created through a presidential ordinance in July 2025, but parliamentary approval of the law gives it definitive institutional backing. According to a post by PVARA on X, the entity will function as the primary supervisory body for Virtual Asset Service Providers (VASPs) operating in the country.
Under the new framework, companies managing exchanges and digital asset platforms must obtain a PVARA license before offering services in the local market. The authority will have jurisdiction to set compliance standards, monitor sector activity and enforce the corresponding regulatory requirements.
The legislation also includes provisions aimed at preventing money laundering, terrorism financing and other illicit activities linked to cryptocurrency transactions. The government states that these measures seek to align Pakistan with the international financial standards adopted by other jurisdictions that already regulate digital assets.
With this law, Pakistan joins the list of countries that have introduced dedicated regulatory structures for the sector.
Fuente: https://x.com/PakistanVARA/status/2029866499427684442
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