According to Cointelegraph, Pakistan has initiated a new federal regime to attract international crypto businesses, inviting leading exchanges and virtual asset service providers (VASPs) to apply for licenses. The Pakistan Virtual Asset Regulatory Authority (PVARA) has called on major crypto firms to submit Expressions of Interest (EoIs) to enter the country's digital asset market. #BilalBinSaqib , PVARA chair and minister of state for crypto and blockchain, emphasized the invitation as a step towards building a transparent and inclusive digital financial future for Pakistan.

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