Pakistan has enacted a sweeping cryptocurrency law aimed at regulating the country’s rapidly growing digital asset sector. The newly approved Virtual Assets Act establishes a comprehensive regulatory framework and introduces strict criminal penalties for operating crypto services without a license. Under the legislation, individuals or companies running unlicensed crypto businesses could face up to five...
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Pakistan has enacted a sweeping cryptocurrency law aimed at regulating the country’s rapidly growing digital asset sector. The newly approved Virtual Assets Act establishes a comprehensive regulatory framework and introduces strict criminal penalties for operating crypto services without a license. Under the legislation, individuals or companies running unlicensed crypto businesses could face up to five...
