Pakistan Passes Virtual Assets Act 2026 to Catalyze Crypto Adoption
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Pakistan passed the Virtual Assets Act 2026 on March 6, 2026, creating the Pakistan Virtual Assets Regulatory Authority (PVARA). PVARA will license virtual asset service providers (VASP), supervise CEX/DEX activity, combat illegal finance and provide regulatory clarity for token launches, fundraising and DeFi protocols; it was first constituted by presidential ordinance in July 2025. The framework targets wider crypto adoption and security improvements after Pakistan ranked 3rd globally in crypto adoption in 2025 (Chainalysis).
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- Pakistan’s parliament has approved the Virtual Assets Act 2026, which establishes the PVARA.
- The PVARA will license virtual assets providers and combat illegal financial activities.
- Pakistan ranked third in global crypto adoption in 2025, according to Chainalysis.
Pakistan has a new legal framework for Web3 and digital assets dubbed the Virtual Assets Act 2026. On Friday, March 6, Pakistan’s parliament passed the Virtual Assets Act 2026, which establishes the Pakistan Virtual Assets Regulatory Authority (PVARA).
Pakistan Adopts a New Crypto Regulatory Framework in 2026
According to the announcement, Pakistan’s parliament passed the Virtual Assets Act 2026 to establish a comprehensive regulatory framework for digital assets and Web3 protocols. PVARA, which was initially constituted through a Presidential ordinance in July 2025, will now regulate and supervise t…
Read The Full Article Pakistan Passes Virtual Assets Act 2026 to Catalyze Crypto Adoption On Coin Edition.
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