Pakistan has moved closer to formal cryptocurrency regulation after a Senate standing committee unanimously approved the Virtual Assets Bill 2025. The legislation aims to bring digital assets into the country’s legal framework, marking a major milestone for Pakistan’s evolving financial system.
The proposed law focuses on investor protection, transparency and risk management. It calls for the creation of a dedicated regulatory authority to license and oversee Virtual Asset Service Providers (VASPs), ensuring compliance with financial and operational standards.
Officials say the measure will align Pakistan’s digital asset policies with emerging global practices while strengthening oversight of crypto transactions. The bill is also expected to enhance trust in the digital economy and support the responsible growth of fintech innovation in the country.
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