No Summary provided as the original text is short
- Virtual Asset Service Provider (VASP): An entity offering services related to the exchange, transfer, safekeeping, or administration of virtual assets, often regulated under specific legal frameworks.
- Pakistan Virtual Assets Regulatory Authority (PVARA): The national regulatory body overseeing cryptocurrency and virtual asset operations in Pakistan, responsible for licensing and compliance enforcement.
- Operating License: A formal authorization issued by a regulatory authority allowing a company to legally provide specified services within its jurisdiction.