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Update on crypto regulation as PVARA mandates prior approval for all virtual asset pilots

KARACHI – Pakistan Virtual Assets Regulatory Authority (PVARA) issued strong advisory clarifying that all virtual asset-related services, including stablecoin-based remittance solutions, blockchain partnerships, and pilot projects, fall under its regulatory scope under the Virtual Assets Act, 2026. Authority explicitly clarified that any agreement, MoU, or announced pilot that results in, or directly enables, provision of such The post Update on crypto regulation as PVARA mandates prior approval for all virtual asset pilots appeared first on Daily Pakistan English News.

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