Pakistan cenbank opens formal banking to licensed virtual asset service providers
Islam
ISLAMABAD, April 15 : Pakistan's central bank has allowed banks to open accounts for licensed virtual asset service providers, overriding a 2018 ban, a circular from the central bank and statement by the virtual asset regulator said, as the country moves to integrate digital assets into the regulated financial system. The move follows the enactment of the Virtual Assets Act, 2026, and marks Pakistan’s first formal step toward bringing crypto-related businesses into the banking system under
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