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Pakistan Establishes Digital Asset Regulatory Authority
Summary: According to Cointelegraph, the Pakistani federal government has established the Pakistan Virtual Asset Regulatory Authority (PVARA) to regulate the country's digital asset industry. PVARA will serve as an independent regulatory body responsible for issuing licenses, supervision, and management of virtual asset service providers, while ensuring compliance with international standards, including following the Financial Action Task ...
According to Cointelegraph, the Pakistani federal government has established the Pakistan Virtual Asset Regulatory Authority (PVARA) to regulate the country's digital asset industry. PVARA will serve as an independent regulatory body responsible for issuing licenses, supervision, and management of virtual asset service providers, while ensuring compliance with international standards, including following the Financial Action Task Force (FATF) guidelines.
