---
title: "Pakistan launches licensing regime for virtual asset service providers"
description: "Most outlets reported that Pakistan has introduced a licensing regime for virtual asset service providers under the Pakistan Virtual Assets Regulatory Authority (PVARA). The Nation described the move as the completion of the regulatory framework, while Dunya News emphasized that the regulations have been notified and legalised. Both outlets used similar terminology from their excerpts to frame the development."
url: https://harzaviya.com/stories/4281-virtual-assets-licensing-portal-unveiled
site: HarZaviya
language: en
---

# Pakistan launches licensing regime for virtual asset service providers

business · latest filing 23 Aug 2026, 8:00 AM PKT · 22–23 Aug 2026 · 5 articles from 5 outlets over 2 developments

## How it developed

Newest development first. Each carries its own coverage and, where we have one, our summary of it.

### 23 Aug 2026 — Pakistan launches licensing regime for virtual asset service providers (2 outlets)

> Most outlets reported that Pakistan has introduced a licensing regime for virtual asset service providers under the Pakistan Virtual Assets Regulatory Authority (PVARA). The Nation described the move as the completion of the regulatory framework, while Dunya News emphasized that the regulations have been notified and legalised. Both outlets used similar terminology from their excerpts to frame the development.

- **The Nation** — [PVARA launches virtual asset licensing regime](https://www.nation.com.pk/23-Aug-2026/pvara-launches-virtual-asset-licensing-regime) · 23 Aug 2026, 8:00 AM PKT
  > ISLAMABAD - The Pakistan Virtual Assets Regulatory Authority (PVARA) has notified licensing regulations and opened its licensing portal, completing the regulatory framework for licensing and supervision of virtual asset service providers in the country.
- **Dunya News** — [Regulations to govern virtual asset services notified, legalised](https://dunyanews.tv/en/Business/969271-regulations-to-govern-virtual-asset-services-notified-legalised) · 23 Aug 2026, 6:03 AM PKT · 82% identical wording to the newest filing
  > Pakistan launches licensing regime for virtual asset service providers

### 22 Aug 2026 — Pakistan launches licensing process for virtual asset service providers (3 outlets)

> Most outlets reported that Pakistan has initiated the licensing process for Virtual Asset Service Providers (VASPs), highlighting the formal launch of the regulatory framework. Business Recorder and Arab News Pakistan both noted the significance of the move in integrating Pakistan with the global digital asset economy and mentioned the role of the Pakistan Virtual Assets Regulatory Authority (PVARA). 24 News HD focused on the technical completion of the regulatory framework and the opening of the licensing portal. Framing varied slightly, with Business Recorder emphasizing the broader economic integration angle, while 24 News HD described the process more descriptively.

- **24 News HD** — [Virtual assets licensing portal unveiled](https://www.24newshd.tv/22-Aug-2026/virtual-assets-licensing-portal-unveiled) · 22 Aug 2026, 2:12 PM PKT
  > The Pakistan Virtual Assets Regulatory Authority (PVARA) has notified its licensing regulations and opened the licensing portal for virtual asset service providers (VASPs), completing the regulatory framework for licensing and supervision of the sector in Pakistan, reported 24NewsHD TV channel.
- **Arab News Pakistan** — [Pakistan launches licensing regime for virtual asset service providers](https://www.arabnews.pk/node/2655507/pakistan) · 22 Aug 2026, 2:08 PM PKT · 85% identical wording to the newest filing
  > ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman Bilal bin Saqib announced on Saturday that new regulations governing virtual asset services have been notified and legalized, saying the move would protect digital investors from fraud.&nbsp;
- **Business Recorder** — [VASPs licence process kicks off](https://www.brecorder.com/news/40436038/vasps-licence-process-kicks-off) · 22 Aug 2026, 5:58 AM PKT · 80% identical wording to the newest filing
  > ISLAMABAD: Pakistan has formally opened the licensing process for Virtual Asset Service Providers (VASPs), marking a major step towards integrating the country with the global digital asset economy under a regulated framework. Under Section 70 of the Virtual Assets Act, 2026, existing virtual asset service providers are required to submit applications for a No-Objection Certificate (NOC) by Sep...

## Part of a bigger story

Other stories whose coverage resembles this one, nearest first. "% related" compares whole stories, not single articles — see [what the percentages mean](https://harzaviya.com/methodology).

- [Pakistan Establishes Virtual Assets Regulatory Framework in Six Months](https://harzaviya.com/stories/5396-pakistan-sets-up-crypto-regulatory-system-in-record-time) · 30 Aug 2026 · 4 outlets · 2 developments · 75% related
- [Pakistan official says country preparing for digital economy](https://harzaviya.com/stories/5552-pakistan-ready-for-future-technology-digital-economy-bilal) · 31 Aug 2026 · 3 outlets · 2 developments · 70% related

5 articles from 5 outlets, 22–23 Aug 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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