Pakistan accelerates crypto regulation as digital asset reforms gain global attention

Pakistan has made a major progress in crypto regulation, positioning itself to advance rapidly in the global digital market.

Following a landmark initiative by the Virtual Assets Regulatory Authority (VARA), Pakistan has emerged as a focal point for international digital markets.

The authority is taking swift and proactive measures to strengthen the country’s capital markets.

As part of these efforts, the Chairman of the Pakistan Virtual Assets Regulatory Authority, Bilal bin Saqib, held key meetings with former Binance chief executive Changpeng Zhao and the founder of blockchain platform TRON, Justin Sun.

Changpeng Zhao said Pakistan has made rapid advances in crypto regulation while creating structured and secure opportunities for the adoption of crypto assets, particularly for the country’s youth.

He noted that Pakistan’s young population demonstrates strong professional capacity, innovation and adaptability to new technologies, adding that Pakistan ranks among the world’s top three countries by crypto user population.

He further stated that tokenising Pakistan’s stock market could significantly boost global investment and contribute to economic stability.

Justin Sun said crypto technology could ensure easier and more equitable financial access for all citizens, adding that digital currencies are helping to make Pakistan’s economic system stronger, more modern and more transparent.