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Pakistan Senate approves bill to regulate cryptocurrencies
The Virtual Assets Bill 2026 establishes a framework for registration and licensing of virtual asset service providers in the country
Feb 27, 2026
Feb 27, 2026
The Virtual Assets Bill 2026 establishes a framework for registration and licensing of virtual asset service providers in the country
Both companies will lay regulatory groundwork under supervision of authorities
High-level meeting discusses amnesty scheme to encourage users to move their assets to regulated domestic platforms
Bilal bin Saqib says country will also launch its own stablecoin
Proposal includes strict compliance requirements under anti-money laundering and counter-terror financing rules as per FATF guidelines
The company plans on enlisting mobile phone kiosks, convenience stores, and money agents to popularize stablecoins
