{"id":104935,"date":"2026-03-04T12:09:15","date_gmt":"2026-03-04T07:09:15","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=104935"},"modified":"2026-03-04T15:08:35","modified_gmt":"2026-03-04T10:08:35","slug":"legal-framework-for-digital-assets-market","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html","title":{"rendered":"NA greenlights legal framework for digital assets market"},"content":{"rendered":"\n<p>Islamabad: The National Assembly on Tuesday passed the \u201cVirtual Assets Bill, 2026\u201d, paving the way for the formal regulation of digital currencies and virtual asset services in Pakistan.<\/p>\n\n\n\n<p>The government bill was approved by a majority vote after the House suspended its scheduled Private Members\u2019 Day business. It had earlier been passed by the Senate on February 27, 2026, before being referred to the lower house. The legislation will now be sent to the President for assent. Once signed, it will become law.<\/p>\n\n\n\n<p>Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry presented the bill before the House for consideration.<\/p>\n\n\n\n<p>Under the new law, a regulatory body titled the Pakistan Virtual Assets Regulatory Authority (PVARA) will be established to oversee the licensing, regulation and supervision of virtual assets and virtual asset service providers operating in the country.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pakistan-assumes-presidency-of-dco.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pakistan assumes presidency of Digital Cooperation Organisation<\/a><\/p>\n\n\n\n<p>According to Clause 6 of the bill, the authority will be created upon the commencement of the Act to carry out its stated objectives. Clause 7 outlines its composition, which will include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A chairperson appointed by the federal government<\/li>\n\n\n\n<li>Secretary, Ministry of Finance<\/li>\n\n\n\n<li>Secretary, Ministry of Law and Justice<\/li>\n\n\n\n<li>Governor, State Bank of Pakistan<\/li>\n\n\n\n<li>Chairperson, Securities and Exchange Commission of Pakistan<\/li>\n\n\n\n<li>Chairman, National AML-CFT Authority<\/li>\n\n\n\n<li>Chairperson, Pakistan Digital Authority<\/li>\n\n\n\n<li>Two independent directors with expertise in virtual asset markets, digital technology or digital finance<\/li>\n<\/ul>\n\n\n\n<p>The Authority will have the mandate to determine its own policy direction, approve regulations and manage its budget.<\/p>\n\n\n\n<p>According to the statement of objects and reasons attached to the bill, the legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards. The Authority will be empowered to combat money laundering, terrorist financing, proliferation financing and other illicit activities involving digital assets.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/blog\/myzameen-property-blocks-from-10k.html\" target=\"_blank\" rel=\"noreferrer noopener\">MyZameen Property Blocks: Step Into Premium Real Estate from PKR 10,000<\/a><\/p>\n\n\n\n<p>The framework also aims to promote safe trading practices, enhance transparency, encourage innovation, support financial inclusion and strengthen Pakistan\u2019s competitiveness in the global digital economy. The bill further highlights the development of Shariah-compliant virtual asset services as part of its broader objectives.<\/p>\n\n\n\n<p>With parliamentary approval secured, Pakistan moves a step closer to formally integrating virtual assets into its regulated financial system, subject to presidential assent.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The National Assembly on Tuesday passed the \u201cVirtual Assets Bill, 2026\u201d, paving the way for the formal regulation of digital currencies and virtual asset services in Pakistan. The government bill was approved by a majority vote after the House suspended its scheduled Private Members\u2019 Day business. It had earlier been passed by the Senate on February 27, 2026, before being referred to the lower house. The legislation will now be sent to the President for assent. Once signed, it will become law. Federal Minister for Parliamentary Affairs Dr Tariq Fazal Chaudhry presented the bill before the House for consideration. Under the new law, a regulatory body titled the Pakistan Virtual Assets Regulatory Authority (PVARA) will be established to oversee the licensing, regulation and supervision of virtual assets and virtual asset service providers operating in the country. Read: Pakistan assumes presidency of Digital Cooperation Organisation According to Clause 6 of the bill, the authority will be created upon the commencement of the Act to carry out its stated objectives. Clause 7 outlines its composition, which will include: The Authority will have the mandate to determine its own policy direction, approve regulations and manage its budget. According to the statement of&hellip;<\/p>\n","protected":false},"author":18,"featured_media":104944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[71447,71445,65665,71443,63332,71449,64815,71442,67124,71444,65943,58826,71448,2631,71446],"persona":[],"class_list":{"0":"post-104935","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-aml-cft","9":"tag-crypto-law-pakistan","10":"tag-cryptocurrency-pakistan","11":"tag-digital-currency-regulation","12":"tag-digital-economy","13":"tag-financial-regulation-pakistan","14":"tag-fintech-pakistan","15":"tag-money-laundering-prevention","16":"tag-national-assembly-pakistan","17":"tag-pakistan-virtual-assets-regulatory-authority","18":"tag-pvara","19":"tag-securities-and-exchange-commission-of-pakistan","20":"tag-shariah-compliant-finance-2","21":"tag-state-bank-of-pakistan","22":"tag-virtual-assets-bill-2026","23":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Legal framework approved for digital assets market - Zameen News<\/title>\n<meta name=\"description\" content=\"The legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal framework approved for digital assets market - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-04T07:09:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-04T10:08:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Legal framework approved for digital assets market - Zameen News","description":"The legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html","og_locale":"en_US","og_type":"article","og_title":"Legal framework approved for digital assets market - Zameen News","og_description":"The legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards...","og_url":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2026-03-04T07:09:15+00:00","article_modified_time":"2026-03-04T10:08:35+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg","type":"image\/jpeg"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293"},"headline":"NA greenlights legal framework for digital assets market","datePublished":"2026-03-04T07:09:15+00:00","dateModified":"2026-03-04T10:08:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html"},"wordCount":376,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg","keywords":["AML CFT","crypto law Pakistan","cryptocurrency Pakistan","digital currency regulation","Digital Economy","financial regulation Pakistan","fintech Pakistan","money laundering prevention","National Assembly Pakistan","Pakistan Virtual Assets Regulatory Authority","PVARA","Securities and Exchange Commission of Pakistan","Shariah compliant finance","State Bank of Pakistan","Virtual Assets Bill 2026"],"articleSection":["New Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html","url":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html","name":"Legal framework approved for digital assets market - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg","datePublished":"2026-03-04T07:09:15+00:00","dateModified":"2026-03-04T10:08:35+00:00","description":"The legislation seeks to provide a comprehensive legal framework to regulate virtual assets in line with international standards...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2026\/03\/Digital-assets_News-cover.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/legal-framework-for-digital-assets-market.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"NA greenlights legal framework for digital assets market"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/9810bc80e0f6830dcb87310b88ef6293","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/104935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=104935"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/104935\/revisions"}],"predecessor-version":[{"id":104937,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/104935\/revisions\/104937"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/104944"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=104935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=104935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=104935"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=104935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}