Cryptocurrency taxation in Pakistan has become one of the most confusing questions for investors, traders, businesses and blockchain entrepreneurs. The confusion is understandable. Pakistan has now moved from years of regulatory uncertainty toward a dedicated virtual-asset regulatory framework. The Virtual Assets Act, 2026 established the Pakistan Virtual Assets Regulatory Authority (PVARA), and PVARA’s regulatory framework…
Crypto Stablecoin Legal Guide: How to Launch and Regulate a Stablecoin Crypto stablecoins have become one of the most important developments in the digital-asset and blockchain industry. Unlike conventional cryptocurrencies whose market prices may fluctuate significantly, a stablecoin is generally designed to maintain a relatively stable value by referencing a fiat currency, commodity, asset, basket…
Pontes and Tokenised Finance in Europe: ECB Central Bank Money, DLT and Crypto Regulation On 21 September 2026, the Eurosystem launched Pontes, a new distributed-ledger technology (DLT) solution designed to settle wholesale tokenised transactions in central bank money. For banks, fintech companies, digital-asset businesses and institutions working in cryptocurrency regulation and tokenised finance, the launch…
Cryptocurrency Regulation: What the CLARITY Act Failure Means The United States has spent years trying to answer one fundamental question about cryptocurrency regulation: what rules apply to digital assets, and which federal regulator has jurisdiction? The Digital Asset Market CLARITY Act of 2025, H.R. 3633, was designed to provide a statutory framework for answering those…
Cryptocurrency: An Interview with Shahid Jamal Tubrazy Pakistan’s cryptocurrency and virtual asset market is entering a new regulatory era under the Virtual Assets Act, 2026, and the Pakistan Virtual Assets Regulatory Authority (PVARA). For international cryptocurrency exchanges, fintech companies, blockchain businesses, and virtual asset service providers, the central legal question is no longer simply whether…
Can Stablecoins Become Part of Cross-Border Payments? The USD1 Pakistan discussion has created an important legal question: can regulated stablecoins eventually become part of Pakistan’s cross-border payment and settlement system? The question gained significant attention in January 2026 when Pakistan signed a Memorandum of Understanding (MoU) with SC Financial Technologies LLC, an affiliated entity of…
Pakistan has now moved from creating a legal framework for virtual assets to the implementation and enforcement stage. The Pakistan Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal and is requiring existing virtual asset businesses covered by the transitional provisions of the Virtual Assets Act, 2026 to submit a No Objection Certificate (NOC)…
PVARA Cryptocurrency Licensing Requirements in Pakistan: Minimum Capital for Crypto Exchanges and VASPs Pakistan’s cryptocurrency regulatory framework has entered a new phase following the introduction of the Virtual Assets Act, 2026 and the establishment of the Pakistan Virtual Asset Regulatory Authority (PVARA). For entrepreneurs planning to establish a cryptocurrency exchange, custody business, broker-dealer, token issuer,…
