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PVARA Chairman Highlights Pakistan’s Crypto Ambitions in Zurich

Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal Bin Saqib presented Pakistan’s digital asset vision at the Point Zero Forum 2026 in Zurich. He highlighted Pakistan as one of the world’s largest digital asset markets and reaffirmed the country’s “Pakistan-first” strategy for digital assets during a global policy discussion.

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Crypto

PVARA Launches Virtual Asset Regulations

The Pakistan Virtual Assets Regulatory Authority has notified new licensing regulations and opened its online portal for virtual asset service providers. The framework introduces ten licence categories covering exchanges, custody, advisory, lending, derivatives, asset management, settlement, issuance and mining-related services. Existing operators must submit a No-Objection Certificate application by September 5, 2026, or cease operations. Licensed providers will receive formal banking access while facing strict AML/CFT, technology and customer-asset protection requirements. Applications will follow a two-stage NOC and licensing process.

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FIA Establishes Crypto Investigation Unit to Track Money Laundering

A cryptocurrency investigation unit has been established by the FIA at its National Command and Control Centre. The unit will be used to detect money laundering and terrorism financing through virtual currency transactions. Similar units have also been proposed for the NCCIA and Anti-Narcotics Force to counter cybercrime and drug-related cryptocurrency activity.

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Trump Reports $1.2 Billion Crypto Income in 2025 Disclosure

US ethics disclosures reveal that President Donald Trump earned approximately $1.2 billion from cryptocurrency-related activities in 2025. The filing highlights income from World Liberty Financial, holdings in WLFI tokens, and royalties linked to the $TRUMP cryptocurrency launched before his inauguration, underscoring the growing financial impact of digital assets.

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