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Bilal bin Saqib announces a major milestone for Pakistan as the country introduces a regulatory framework for virtual assets.
He states that, after years without clear rules, Pakistan now has a regulator and licensing structure to integrate virtual assets into the formal economy and provide consumer protection.
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A recent PVARA Board meeting advanced plans for a digital asset licensing regime in Pakistan, according to Bilal bin Saqib. In a separate commentary, he described how AI agents and on-chain platforms could change banking interfaces. These developments provide context for Pakistan's move to formalize regulation of virtual assets.