{"id":105442,"date":"2026-05-04T14:48:42","date_gmt":"2026-05-04T09:48:42","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=105442"},"modified":"2026-05-04T14:48:47","modified_gmt":"2026-05-04T09:48:47","slug":"pvara-to-fast-track-virtual-assets-regulation","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pvara-to-fast-track-virtual-assets-regulation.html","title":{"rendered":"PM directs PVARA to fast-track virtual assets regulation"},"content":{"rendered":"\n<p>Lahore: Pakistan has intensified efforts to formalise the regulation of virtual assets, with Prime Minister Shehbaz Sharif directing authorities to expedite the implementation of a comprehensive regulatory framework aligned with international standards.<\/p>\n\n\n\n<p>The directive was issued during a meeting in Lahore with State Minister and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib, according to a statement from the Prime Minister\u2019s Office.<\/p>\n\n\n\n<p>The prime minister said an effective regulatory system is essential to support the country\u2019s emerging digital economy and to strengthen investor confidence in virtual asset markets. He also stressed the need to equip the youth with modern skills, particularly in artificial intelligence and digital finance, to meet evolving economic demands.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pvara-formed-as-pakistan-regulates-virtual-assets.html\" target=\"_blank\" rel=\"noreferrer noopener\">Virtual assets officially regulated as Pakistan creates PVARA<\/a><\/p>\n\n\n\n<p>During the briefing, the PVARA chairman informed the prime minister that the authority is transitioning into a fully functional regulator. He highlighted the launch of a regulatory sandbox designed to enable controlled testing of virtual asset services and financial innovations.<\/p>\n\n\n\n<p>The prime minister was also briefed on initiatives involving AI-based payment systems and regulated virtual asset services, alongside broader efforts to align regulatory structures, workforce training, and institutional capacity with Pakistan\u2019s digital transformation agenda.<\/p>\n\n\n\n<p>The development follows the introduction of the Virtual Assets Act 2026 earlier this month, under which virtual assets have been legalised and PVARA established as the statutory body responsible for licensing, supervision, regulation, and oversight of the sector.<\/p>\n\n\n\n<p>In a recent clarification, PVARA also stated that any agreements, pilot projects, or operational activities involving virtual assets must receive prior regulatory approval before execution.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Pakistan has intensified efforts to formalise the regulation of virtual assets, with Prime Minister Shehbaz Sharif directing authorities to expedite the implementation of a comprehensive regulatory framework aligned with international standards. The directive was issued during a meeting in Lahore with State Minister and Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib, according to a statement from the Prime Minister\u2019s Office. The prime minister said an effective regulatory system is essential to support the country\u2019s emerging digital economy and to strengthen investor confidence in virtual asset markets. He also stressed the need to equip the youth with modern skills, particularly in artificial intelligence and digital finance, to meet evolving economic demands. Read: Virtual assets officially regulated as Pakistan creates PVARA During the briefing, the PVARA chairman informed the prime minister that the authority is transitioning into a fully functional regulator. He highlighted the launch of a regulatory sandbox designed to enable controlled testing of virtual asset services and financial innovations. The prime minister was also briefed on initiatives involving AI-based payment systems and regulated virtual asset services, alongside broader efforts to align regulatory structures, workforce training, and institutional capacity with Pakistan\u2019s digital transformation agenda. The&hellip;<\/p>\n","protected":false},"author":18,"featured_media":104209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[72837,72838,65945,62648,62790,65093,72835,64815,60808,32,72839,71444,65943,72836,61118,2631,67332,72364],"persona":[],"class_list":{"0":"post-105442","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-ai-payments","9":"tag-blockchain-regulation","10":"tag-crypto-regulation-pakistan","11":"tag-digital-economy-pakistan","12":"tag-digital-finance","13":"tag-economic-transformation","14":"tag-financial-regulation","15":"tag-fintech-pakistan","16":"tag-investor-confidence","17":"tag-pakistan","18":"tag-pakistan-tech-policy","19":"tag-pakistan-virtual-assets-regulatory-authority","20":"tag-pvara","21":"tag-regulatory-sandbox","22":"tag-shehbaz-sharif","23":"tag-state-bank-of-pakistan","24":"tag-virtual-assets","25":"tag-virtual-assets-act-2026","26":"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>PVARA to fast-track virtual assets regulation - Zameen News<\/title>\n<meta name=\"description\" content=\"The prime minister said an effective regulatory system is essential to support the country\u2019s emerging digital economy...\" \/>\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\/pvara-to-fast-track-virtual-assets-regulation.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PVARA to fast-track virtual assets regulation - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The prime minister said an effective regulatory system is essential to support the country\u2019s emerging digital economy...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pvara-to-fast-track-virtual-assets-regulation.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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