PVARA’s Strategic NOCs to Binance and HTX
Pakistan’s digital asset landscape has entered a decisive phase with the Pakistan Virtual Assets Regulatory Authority (PVARA) issuing no-objection certificates (NOCs) to Binance and HTX.
Pakistan’s digital asset landscape has entered a decisive phase with the Pakistan Virtual Assets Regulatory Authority (PVARA) issuing no-objection certificates (NOCs) to Binance and HTX.
The case revolves around Samourai Wallet’s privacy-focused features—Whirlpool (a Bitcoin mixing service) and Ricochet (an extra-hop obfuscation tool)—which U.S. authorities say were intentionally designed to facilitate illicit fund movement, including flows tied to darknet markets, hacks, and crypto-fraud schemes.