Pakistan has formally established a legal framework for regulating digital assets after Parliament approved the Virtual Assets Act 2026, fulfilling another reform milestone under the country’s programme with the International Monetary Fund.

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The law grants statutory status to the Pakistan Virtual Assets Regulatory Authority (PVARA), which had initially been created through a presidential ordinance in July 2025.

The authority will now license and supervise companies offering virtual asset services, including crypto exchanges and digital asset platforms operating in or from Pakistan.