Esquare Legal’s response to PVARA’s consultation on the draft Pakistan Virtual Asset Services Regulations 2026 — 29 recommendations across stablecoins, custody, AML/CFT, Travel Rule, Shariah governance and more.
Pakistan has 27 million crypto users and a new Virtual Assets Act with criminal penalties for unlicensed operators. Binance and HTX have already moved. Here is what global exchanges need to know about PVARA licensing before the first-cohort window closes.
We were pleased to see Zakwan Hazarvi (Senior Legal Associate) and M. Ayaan Shehryar (Legal Associate), Esquare Legal at the forefront of the Panel Discussion
“Official says growth of finance companies will eliminate unregulated credit market”