Pakistan launches first compliance-based regulatory framework for virtual assets

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PANews
04-12
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PANews reports on April 12 that according to Tribune, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers (VASP), aimed at curbing money laundering, supporting innovation, and attracting foreign investment. The policy was developed by a specialized government agency under the Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) institution. The proposed framework requires approval from the legislative body and input from digital asset companies operating in the country, and is expected to be rolled out in phases starting in 2026.

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