Pakistan Imposes Mandatory Originator and Beneficiary Data Collection on Crypto Transfers Above Rs. 1 Million
Pakistan’s new VASP Governance & Operations Regulations 2025 require crypto service providers to verify and maintain complete originator and beneficiary information for transfers above Rs. 1 million, tightening compliance, cybersecurity, and governance standards.
Pakistan Virtual Assets Regulator Becomes Operational with FBR Officials Joining Oversight
Pakistan has operationalized the Virtual Assets Regulatory Authority (PVARA), with FBR officials deputed to strengthen oversight on risk management, market surveillance, and anti-money laundering.