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Pakistan's Virtual Assets Regulator Requires Prior Authorization for Crypto Service Providers

GateNews
Regulation & Policy

Gate News message, April 27 — Pakistan’s Virtual Asset Regulatory Authority (PVARA) has issued a regulatory notice requiring all virtual asset service providers to obtain prior authorization before commencing operations or making public announcements. The directive brings all virtual asset services under PVARA’s regulatory scope.

PVARA stated it welcomes responsible innovation and encourages stakeholders to engage early through available compliance pathways, including regulatory sandboxes, no-action relief letters, and certificates of no objection (NOC).

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Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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In-Depth Analysis

Tennessee, United States, fully bans the use of cryptocurrency ATMs

ChainNewsAbmedia04-26 00:34

Taiwan’s 14 brokerage firms have launched virtual asset ETFs via omnibus authorization for cross-advisory (sub-advisory) arrangements, with cumulative trading exceeding NT$98.99 billion New Taiwan dollars

Market Whisper04-24 06:41
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