Pakistan Virtual Assets Regulatory Authority (PVARA) issues regulatory reminder stating that, according to the Virtual Assets Law of 2026, providing virtual asset-related services in Pakistan, including stablecoins, cross-border payments, and tokenization, must be approved by regulators in advance. The announcement emphasizes that announcing collaborations or pilot projects publicly without prior communication may face compliance and FATF risks, and may even be unable to proceed legally, urging relevant institutions or individuals to apply for authorization through the regulatory process in advance.

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