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Pakistan establishes a regulatory framework through the Virtual Assets Act 2026

2026-04-18 21:44:18

ME News Report, April 12 (UTC+8), Pakistan officially enacted the “Virtual Assets Act 2026,” establishing the Virtual Assets Regulatory Authority (PVARA). The legislation sets out licensing entry requirements, customer asset segregation rules, anti-money laundering regulations, and the principle of “substance over form” classification, and has built a layered regulatory system in collaboration with the central bank and securities regulators. (Source: MLion)

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