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TradFi
Gold
One platform for global traditional assets
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Hot
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Introduction to Futures Trading
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Gate AI
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Pakistan's Virtual Assets Regulatory Authority Issues Regulatory Announcement Requiring Prior Authorization for Virtual Asset Service Providers
On April 27, according to an official announcement from the Pakistan Virtual Assets Regulatory Authority (PVARA), all virtual asset services are now under PVARA’s regulatory scope and must obtain prior authorization before commencing operations or making public announcements. PVARA welcomes responsible innovation and encourages relevant parties to engage in early communication, utilizing compliance pathways such as regulatory sandboxes, No-Action Relief Letters, and No Objection Certificates (NOCs) to conduct innovative business.