The State Bank of Pakistan lifts the ban on virtual assets, officially incorporating licensed VASPs into the banking system
By: rootdata|2026/04/15 17:14:05
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The National Bank of Pakistan has officially lifted its ban on virtual assets that has been in place since 2018, allowing banks to open independent interest-free rupee accounts for virtual asset service providers (VASP) licensed by the Pakistan Virtual Assets Regulatory Authority (PVARA), and banks must conduct due diligence on the relevant institutions.
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