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Pakistan invites crypto exchanges to apply for licenses, regulating a market with over 40M users.
Pakistan's Virtual Asset Regulatory Authority (PVARA) invites international crypto exchanges and service providers to apply for licenses to operate in the country, aiming to regulate a market with over 40 million users and a trading volume exceeding $300 billion annually.
This initiative aligns Pakistan with international financial standards on anti-money laundering and counter-terrorism financing.
The PVARA will oversee licensing, ensuring compliance and fostering innovation within a regulated framework.
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Pakistán invita a los intercambios criptográficos a solicitar licencias, regulando un mercado con más de 40 millones de usuarios.