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Digital asset drive gathers pace as central bank engages PVARA

15 1
20.12.2025

KARACHI: Another step towards Pakistan’s virtual assets framework was taken on Thursday, as the State Bank of Pakistan (SBP) held a meeting with the chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA).

In a post on X, PVARA Chairman Bilal bin Saqib said he met SBP Governor Jameel Ahmad and discussed issues related to digital asset adoption, the implementation of central bank digital currency and Pakistan’s regulatory road­­map for digital assets.

President Zardari promulgated the Pakistan Virtual Assets Ordinance 2025 on July 8, 2025, with the stated objective of licensing, regulating and supervising virtual assets and virtual asset service providers.

Pakistan has since set up PVARA to regulate virtual-asset and blockchain-related activities.

Separately, the Ministry of Finance has signed a........

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