BTCRs 20,347,580+5.50%
ETHRs 647,288+3.60%
USDTRs 2780.00%
BNBRs 181,625+4.40%
USDCRs 2780.00%
XRPRs 353+15.60%
SOLRs 24,359+2.70%
TRXRs 93.73+1.10%
FIGR_HELOCRs 284-1.80%
HYPERs 20,498+4.00%
DOGERs 22.36+7.60%
USDSRs 2780.00%
RAINRs 3.85-0.70%
MATICRs 35.04-18.60%BTCRs 20,347,580+5.50%ETHRs 647,288+3.60%USDTRs 2780.00%BNBRs 181,625+4.40%USDCRs 2780.00%XRPRs 353+15.60%SOLRs 24,359+2.70%TRXRs 93.73+1.10%FIGR_HELOCRs 284-1.80%HYPERs 20,498+4.00%DOGERs 22.36+7.60%USDSRs 2780.00%RAINRs 3.85-0.70%MATICRs 35.04-18.60%Regulation, PVARA & Tax
The CryptoNews.pk Regulation & Policy Desk covers the Pakistan Virtual Assets Regulatory Authority (PVARA), FBR taxation, SBP guidance and global rules that affect Pakistani users. Reporting is compiled with AI-assisted tooling and reviewed by our editors before publication.
PVARA opens its first licensing window for crypto exchanges in Pakistan, signaling a new regulatory era for digital currencies in the country.
The FBR clarifies the 15% capital gains tax on crypto, urging traders to keep detailed records. This move aims to ensure compliance and increase transparency.
ESMA warns about prediction market contracts in the EU, highlighting potential regulatory circumvention. This could influence global markets, including Pakistan.
US Senator Kirsten Gillibrand proposes a ban on elected officials issuing memecoins to prevent conflicts of interest, with global implications including in Pakistan.
The MCSA revises its stance on the CLARITY Act, advocating for amendments to better equip local law enforcement against illicit finance.
Revolut will delist Tether (USDT) by end of August due to regulatory concerns. The move affects global and Pakistani users, highlighting stablecoin scrutiny.
South Africa invites public input on draft crypto tax guidelines, a move that could offer insights for Pakistan's evolving regulatory framework.
The IMF highlights tokenization's potential to make finance faster and cheaper, but warns of increased vulnerability to shocks. Pakistan must balance innovation and risk.
Donald Trump defends his $1.4 billion crypto earnings amid U.S. legislative scrutiny, highlighting global regulatory challenges. Pakistan watches closely.
The UK's FCA introduces new crypto regulations to boost global trading, aiming to enhance liquidity but posing compliance challenges. Pakistan watches closely.
The EU is tightening regulations on prediction markets, focusing on function over labels. This could influence global approaches, including in Pakistan's developing crypto market.
Europe's MiCA regulation could serve as a model for Pakistan's evolving crypto regulations, balancing innovation and security. Learning from Europe's approach could be key.
Ethical hackers identified a critical flaw in the Aptos blockchain, potentially safeguarding $70 billion in assets. This highlights the importance of security in blockchain.
U.S. prediction markets face legal challenges as state regulators scrutinize platforms like Kalshi. Pakistan may learn from these global regulatory trends.
US Congress faces pressure to clarify crypto regulations before midterms, impacting global markets including Pakistan. Time constraints pose challenges.
Pakistan's Virtual Assets Act 2026 sets a regulatory framework for crypto, requiring licensed exchanges and imposing a 15% tax on capital gains.
Overseas Pakistanis increasingly use stablecoins for remittances, drawn by lower fees and faster settlements. This trend impacts Pakistan's economy and regulatory landscape.
The debate over what is halal in crypto is ongoing. Pakistan's Shariah advisory plays a key role in discussing staking and DeFi yields' compliance with Islamic law.
