Pakistan’s Virtual Assets Regulator Urges Bitcoin and Blockchain Integration

Chairman of Pakistan’s Virtual Assets Regulatory Authority advocates for using Bitcoin and blockchain as the core of future financial infrastructure.

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Terms & Concepts
  • Virtual Assets Regulatory Authority (VARA): A governmental body tasked with overseeing and regulating digital asset activities and compliance in Pakistan.
  • Blockchain: A decentralized digital ledger that records transactions across a network securely and transparently.
  • Bitcoin: A leading cryptocurrency operating on a decentralized network, enabling peer-to-peer transactions without intermediaries.