PVARA
PVARA notifies crypto licensing rules with no fee set
PVARA notified Pakistan's crypto licensing rules on 21 August 2026. Its own licensing page tells firms already operating to file an NOC by 5 September 2026.
Crypto & Sharia
Darul Uloom Karachi ruled cryptocurrency impermissible in June 2026. The ruling, its reasoning, the regulator's response, and where scholarly opinion stands — reported, not adjudicated.
Crypto Tax
The widely-quoted 15% crypto tax has no enacted basis we could find — and we could not obtain the Finance Act text to rule it out. What is documented, what is only proposed, and what you still owe.
Remittances
SBP scrapped the scheme that made remittance transfers free, effective 1 July 2026. For the use case that drives most Pakistani crypto activity, the maths just changed.
Mining & Energy
The allocation is real and the duty exemptions are real. The subsidised tariff that made the numbers work is not — and the hash-rate thresholds circulating online cannot be verified.
PVARA
The Virtual Assets Act defines asset-referenced tokens broadly enough to cover real estate — and PVARA has opened applications. What is missing is everything underneath.
PVARA
PVARA has opened applications for Asset-Referenced Token issuance while full VASP licensing stays shut. The order it chose tells you what Pakistan is trying to build.
PVARA
PVARA's Sandbox Guidelines 2026 require applicants to confirm their product is not designed for speculation — and put Shariah advisors into the evaluation criteria.
PVARA
The ECC funded Pakistan's virtual asset regulator in September 2025. Ten months on, here is the verifiable record — what has shipped, and what has not.
Exchanges
No exchange is licensed in Pakistan. Binance and HTX hold No Objection Certificates; Bitget is reported to have entered the NOC pipeline, which is not the same thing. None of that is a licence. What that means for your money, and how PKR actually moves.
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PVARA
The law that ended Pakistan's crypto grey zone — what it requires, who needs a licence, what the penalties are, and the five things it deliberately does not do.
PVARA
No company holds a full PVARA licence yet. Three exchanges have reached the No Objection Certificate stage — which is not the same thing. A maintained record of where Pakistan's licensing regime actually stands.
Bitcoin
Steak ’n Shake has added $10 million in Bitcoin to its Strategic Bitcoin Reserve, showing how major consumer brands are adopting crypto as part of a long-term financial strategy.
Remittances
SWIFT has successfully tested a MiCA-compliant euro stablecoin for tokenized bond payments with Societe Generale, demonstrating the integration between blockchain and traditional finance.
Stablecoins
Pakistan is stepping deeper into digital finance as Trump backed World Liberty Financial signs an MoU with the Ministry of Finance to explore stablecoins, cross-border payments, and blockchain-based innovation.
PVARA
The UAE is exporting its real estate tokenization expertise to Georgia as PRYPCO partners with the Georgian government to build a compliant and transparent framework.
Blockchain
Pakistan advances its crypto regulation roadmap as the Finance Minister meets Icoin Technology Inc to discuss digital assets, blockchain infrastructure, and regulatory frameworks.
PVARA
Pakistan can learn critical lessons from the UAE’s regulated RWA tokenization model. Prypco Mint shows how blockchain can modernize real estate, capital markets, and financial inclusion.
Bitcoin
World’s largest stablecoin issuer Tether and Rumble (YouTube competitor video platform) have introduced a non-custodial crypto wallet designed to let users pay content creators directly in Bitcoin and USDT.
Web3
Pakistan is engaging UAE-based business leaders to explore blockchain, AI and tokenization as part of its financial sector reforms and digital transformation.
Ethereum
Ethereum co-founder Vitalik Buterin says the blockchain trilemma is solved as PeerDAS goes live and ZK-EVMs reach alpha stage.
Bitcoin
Pakistan is quickly becoming one of the most important crypto markets in the world. Here’s why 2026 could be a defining year for Bitcoin and Crypto in Pakistan.
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