Pakistan is making a landmark move in the world of digital finance with the launch of the Pakistan Virtual Assets Regulatory Authority (PVARA) a newly approved body designed to regulate the country’s fast-expanding crypto economy.
Home to over 40 million users and an estimated $300 billion in annual informal crypto transactions, Pakistan is finally putting formal structures in place to manage this digital gold rush.
PVARA will serve as an autonomous regulator, tasked with licensing crypto exchanges, monitoring activity, setting technical standards, and aligning with global compliance norms such as FATF, IMF, and World Bank guidelines.
The government believes this move will not only protect consumers but also attract foreign investment, boost trust in blockchain technology, and empower the country’s youth-driven innovation ecosystem.
With the majority of Pakistan’s population under age 30, the country is uniquely positioned to become a regional leader in responsible digital asset governance.
