Pakistan is taking a decisive step toward a regulated digital asset future.

The Pakistan Virtual Assets Regulatory Authority (PVARA) has issued NOCs to Binance and HTX, opening a phased, FATF-aligned pathway toward full licensing.

Authorities emphasized that strong governance, along with AML and CFT compliance, will remain central as Pakistan works to build a trusted and compliant digital asset ecosystem.

The move signals growing institutional clarity for crypto in the region — and a shift from uncertainty toward structured adoption.