Pakistan is entering a new phase of cryptocurrency regulation by providing international crypto companies opportunities to operate in its market.
Invitation for Crypto Companies
The Pakistan Virtual Asset Regulatory Authority (PVARA) has announced the opening of applications for major crypto firms to secure licenses to operate in the country. The initiative aims to promote transparency and inclusivity in digital finance.
Strict Entry Criteria
Companies wishing to participate must already be licensed in recognized jurisdictions. Submissions should include company profiles, existing licenses, proposed services, and a Pakistan-specific business model.
Growth of Crypto Adoption in Pakistan
According to Chainalysis, Pakistan has surged to third place in the 2025 Global Crypto Adoption Index, confirming its rapidly growing market. Additionally, the country plans to establish a Bitcoin Strategic Reserve and allocate electricity for crypto mining.
With such initiatives, Pakistan aims to attract international crypto businesses, which could significantly influence the development of digital finance in the country.
