Pakistan’s crypto story is no longer about underground volume but it is about formal infrastructure.
Here is how @PakistanVARA is opening doors to global Web3/blockchain leadership.
▪︎) The numbers speak for themselves:
1️⃣ ) Estimated 40 million crypto users nationwide.
2️⃣ ) An estimated $300 Billion+ in annual transaction volume.
3️⃣ ) Over 100 million adults still outside formal banking, making digital assets a essential bridge for financial inclusion.
▪︎) The Regulatory Shift:
Under @PakistanVARA Chairman @Bilalbinsaqib, Pakistan established the Pakistan Virtual Assets Regulatory Authority (PVARA) to regulate, supervise, and license the digital asset space.
@PakistanVARA is actively setting up the guardrails:
i) Licensing of Global Exchanges:
@PakistanVARA launched an Expression of Interest (EoI) program encouraging leading international Virtual Asset Service Providers (VASPs) to get licensed and operate within the jurisdiction on the basis of compliance criteria.
ii) Industry Collaboration:
In contrast to traditional regulation without consultation, @PakistanVARA set up an official advisory council that would include founders, innovators, and technologists to create policies together.
iii) Beyond Crypto:
The vision is to connects blockchain directly with AI, data infrastructure, and cross-border remittances ($38B+ annually), turning Web3 into real national infrastructure.
Pakistan is not just watching the tech movement but it is actively laying down the groundwork to lead it.
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https://t.co/c0jx0z9b0E
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https://t.co/NFo9cLjPow
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https://t.co/Cioey4SOCj
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https://t.co/vKs8OXJ55c
Pakistan advances its crypto regulation roadmap as the Finance Minister meets Icoin Technology Inc to discuss digital assets, blockchain infrastructure, and regulatory frameworks.
https://t.co/5xv3czHRX4