Pakistan launches first compliance-based regulatory framework for virtual assets
2025-04-12 02:13:26
According to Tribune, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers (VASPs) aimed at curbing money laundering, supporting innovation and attracting foreign investment. The policy is being developed by specialized government entities under the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Agency. The proposed framework, subject to approval by the legislature and input from digital asset firms operating in the country, is expected to be rolled out in phases starting in 2026.
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