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Pakistan Launches Public Consultation on the Draft "Pakistan Virtual Asset Services Regulation 2026"
15/06/2026 06:55
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Svmuu News: The Pakistan Virtual Assets Regulatory Authority (PVARA) has launched a public consultation on the draft "Pakistan Virtual Assets Services Regulations, 2026" and accompanying specialized manuals. The deadline for submitting comments is 4:00 p.m. local time on July 2. The draft establishes a licensing and regulatory framework for virtual asset service providers, setting forth rules on corporate governance, risk management, cybersecurity, anti-money laundering, and other areas, along with operational manuals for ten categories of licensed businesses. This public consultation aims to strengthen the domestic regulatory system and align the country’s virtual asset regulatory framework with FATF international standards.
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