محمد شاہ زیب
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No More P2P Now Direct Deposits and Withdrawals From Banks To Exchanges And Exchanges To Banks
After years of restrictions, the State Bank of Pakistan now allows banks to open accounts for licensed crypto companies under the new Virtual Assets Act 2026.
This means more trust, institutional adoption, and a regulated crypto future in Pakistan
From ban → regulation has officially begun
As soon as accounts will be opened you will be able to do Direct Deposits and Withdrawals From Banks To Exchanges And Exchanges To Banks
#PVARA #Pakistan
After years of restrictions, the State Bank of Pakistan now allows banks to open accounts for licensed crypto companies under the new Virtual Assets Act 2026.
This means more trust, institutional adoption, and a regulated crypto future in Pakistan
From ban → regulation has officially begun
As soon as accounts will be opened you will be able to do Direct Deposits and Withdrawals From Banks To Exchanges And Exchanges To Banks
#PVARA #Pakistan
Pakistan has taken an important step toward formalising its virtual asset ecosystem.
Following the enactment of the Virtual Assets Act, 2026, the State Bank of Pakistan has issued BPRD Circular Letter No. 10 of 2026, enabling regulated entities to open and maintain bank accounts for PVARA-licensed Virtual Asset Service Providers and their customers, subject to strict compliance and AML/CFT requirements.
This marks a transition from a previously restrictive environment to a structured, regulated framework.
Establishing regulatory clarity is a critical step in enabling sustainable growth, attracting investment, and building trust in the ecosystem.
This development reflects continued coordination between policymakers, regulators, and industry stakeholders as Pakistan advances toward a fully regulated digital asset market.
Following the enactment of the Virtual Assets Act, 2026, the State Bank of Pakistan has issued BPRD Circular Letter No. 10 of 2026, enabling regulated entities to open and maintain bank accounts for PVARA-licensed Virtual Asset Service Providers and their customers, subject to strict compliance and AML/CFT requirements.
This marks a transition from a previously restrictive environment to a structured, regulated framework.
Establishing regulatory clarity is a critical step in enabling sustainable growth, attracting investment, and building trust in the ecosystem.
This development reflects continued coordination between policymakers, regulators, and industry stakeholders as Pakistan advances toward a fully regulated digital asset market.
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