TechFlow News, April 27: According to an official announcement by Pakistan’s Virtual Asset Regulatory Authority (PVARA), all virtual asset services fall under PVARA’s regulatory purview under the 2026 Virtual Assets Act and must obtain prior authorization before commencing operations or making any public announcements. PVARA stated that it welcomes responsible innovation and encourages relevant stakeholders to engage with the authority at an early stage. Innovators may pursue compliant business activities through regulatory pathways such as the regulatory sandbox, No-Action Relief Letters, and No-Objection Certificates (NOCs).
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