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Virtual Assets Act 2026: what fintech businesses need to know
PVARA licensing is open. What compliance looks like for existing and new operators.
The Virtual Assets Act 2026 is in force and licensing with the Pakistan Virtual Assets Regulatory Authority is now open.
For operators already in the market, the practical question is not whether authorisation applies but how existing activity is characterised under the new regime. Exchanges, custodians and token issuers each sit differently.
A licence is the starting point rather than the finish line: AML obligations, reserve disclosure and cybersecurity requirements all continue once it is granted.