PVARA (Pakistan Virtual Assets Regulatory Authority) Chairman Bilal Bin Saqib said at a Harvard Kennedy School symposium that Pakistan moved from an ordinance to full institutional, legislative, and banking integration for virtual assets in nine months.
Pakistan has advanced its virtual asset framework over a nine-month period, moving from an ordinance to what PVARA (Pakistan Virtual Assets Regulatory Authority) Chairman Bilal Bin Saqib described as full institutional, legislative, and banking integration for virtual assets. Speaking at a Harvard Kennedy School symposium, Saqib presented the shift as a rapid formalization of the country’s digital asset policy structure. The statement points to progress across regulation, state institution-building, and links with the banking system, areas that are central to bringing crypto-related activity into a more supervised financial environment.