Islamabad, November 20, 2025 – Federal Minister for Finance and Revenue Muhammad Aurangzeb paid his first official visit to the Pakistan Virtual Asset Regulatory Authority (PVARA) on Thursday, receiving a comprehensive briefing on the country’s developing regulatory framework for virtual assets.
PVARA’s senior leadership outlined the Authority’s mandate, policy roadmap, and progress on building Pakistan’s first governance structure for digital and virtual assets. Officials explained that the regulatory framework is being developed through a phased model aimed at aligning with national priorities, protecting consumers, and maintaining financial stability.
The minister was informed about ongoing consultations with domestic and international stakeholders, drafting of regulatory guidelines, and efforts to ensure transparency and legal compliance as Pakistan moves toward a structured virtual assets regime.
Aurangzeb praised the Authority’s work since its inception and stressed the importance of timely implementation. He highlighted that regulatory clarity is crucial for economic security, investor confidence, and Pakistan’s positioning within the global digital economy. He also directed his office to resolve administrative hurdles and ensure smooth progress for PVARA.
PVARA Chairman Bilal Bin Saqib emphasized the Authority’s commitment to responsible innovation and strong regulatory safeguards. He noted that his inclusion in the World Economic Forum’s Steering Committee on Digital Asset Regulations reflects Pakistan’s increasing influence in global policy dialogue on digital assets.
The visit concluded with a reaffirmation of the government’s commitment to building transparent, secure, and internationally aligned virtual asset regulations for Pakistan’s evolving digital landscape.