The State Bank of Pakistan lifts the ban on virtual assets, officially incorporating licensed VASPs into the banking system
By: www.chaincatcher.com|2026/04/15 09:14:05
0
Share
Prefer us on Google
The National Bank of Pakistan has officially lifted its ban on virtual assets that has been in place since 2018, allowing banks to open independent interest-free rupee accounts for virtual asset service providers (VASP) licensed by the Pakistan Virtual Assets Regulatory Authority (PVARA), and banks must conduct due diligence on the relevant institutions.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Half of Small Businesses in Russia Report Revenue Decline
Smilyansky Denies NBU's Accusations of Money Laundering 11 Billion UAH
India Plans to Issue First Tokenized Bond Exceeding $57 Million in September
79% of Bond Market Participants Expect the Base Rate to Remain Unchanged at the Monetary Policy Committee on the 27th
79% of bond market participants expect the base rate to remain unchanged at the Bank of Korea's Monetary Policy Committee on the 27th. This is a shift from the 66% who anticipated a rate hike in the July survey.
Bank Digital Asset Budget at 88%, Actual Operation at 16%
Investment in digital assets by banks has rapidly expanded at the budgeting stage, but the proportion that has moved to the operational stage is only 16%.
Dnipro Announces Tender for Purchase of Low-Floor Trams for €7.8 Million
82% of Brazilian Households Hold Debt, Central Bank Warns of Credit Risks
More than 80% of Brazilian households are in debt, with the Central Bank warning about the risks of consumer debt and unsecured loans. Despite improvements in employment and income indicators, the burden of debt repayment remains high.
Iranian Rial Falls Below 2 Million, Warns of Retaliation Against Supporters of Sanctions
The Iranian rial has dropped to around 2.02 million rials per dollar in the unofficial market. The anticipated additional U.S. sanctions against Iran and the control issues in the Strait of Hormuz are simultaneously increasing pressure on the Iranian economy.
Three Arrested for Buying Currency from BCV and Selling on Binance
ECB Defends Digital Euro Privacy Design, Claims User Identities Cannot Be Identified
Agrarians Received 174.7 Million UAH in Compensation for Equipment
Parfin Provides Infrastructure for Virtual Asset Service Providers Until October 30
Parfin's bet on the virtual asset license queue. The company is banking on a platform capable of getting a bank or fintech operating with crypto in just a few days, amid pressure on the sector to meet Central Bank requirements.
Number of MiCA Licensed Institutions Increases to 331, All New Additions from German Cooperative Banks
China Payment and Clearing Association Releases Self-Regulatory Convention for Intelligent Payment Applications
1-Year Interest Rate Swap Falls by 3.50bp to Record 3.4275%
On the 24th, the Korean won interest rate swap (IRS) rates fell, particularly in the short-term segment, ahead of the Bank of Korea's Monetary Policy Committee meeting on the 27th.
Korean Won to Dollar Exchange Rate Hits 1376.5 Won, Highest in a Year
The Korean won to dollar exchange rate fell to 1376.5 won on the 24th, marking the strongest level for the won since mid-September 2025. The weakness of the dollar and strong semiconductor exports have combined to strengthen Asian currencies.
Fasset Completes $68 Million Financing Led by SBI Group
Scandal with State Bank: Zelensky Comments on Possible Dismissal of NBU Head Pyshny
Indonesia Records $8.5 Billion Net Foreign Portfolio Inflow in Q2 2026
Foreign capital inflows into Indonesian government bonds and central bank rupiah securities led to a net portfolio inflow of $8.5 billion (approximately 117.725 trillion rupiah) in Q2 2026. The interest rate hike...
National Assembly's Political Affairs Committee Reviews Bill Requiring Disclosure of Coins Held by Influencers
The National Assembly's Political Affairs Committee will review a bill that mandates the disclosure of virtual assets (digital assets) held by influencers during a plenary session. The committee is set to present the amendment to the Virtual Asset User Protection Act, proposed by Democratic Party la...
Increase in Reserves by 10 Trillion Won, Surplus in Short-Term Funds Expected on the 24th
On the 24th, the domestic short-term money market is expected to see reserves turn into a surplus due to inflows from fiscal measures and early redemption of government bonds. The total increase in reserves is estimated at 10 trillion won, while the decrease factors...
Goldman Sachs Warns of Increased Volatility Due to Reduced Communication from the Fed
Goldman Sachs has diagnosed that the Federal Reserve's (Fed) reduction in forward guidance could increase market volatility. Fed Chair Kevin Warsh's changes in communication are raising concerns among investors.
Monetary Policy Committee's Interest Rate Decision and Economic Outlook Announcement on the 27th
This week's domestic financial schedule is aligned with the Bank of Korea's Monetary Policy Committee's interest rate decision and economic outlook announcement on the 27th. Household debt, interest rates, and consumer and business sentiment indicators are clustered in the same week.
IT Specialists Arrested in North Korea for Laundering State Funds via Cryptocurrency
A group of IT specialists has been detained in Pyongyang on suspicion of laundering state funds through cryptocurrency: according to Daily NK, they hacked into the internal networks of two state banks in North Korea and transferred stolen assets abroad via cryptocurrency wallets.
Circle Obtains Federal Custody Bank License
On July 10, the Office of the Comptroller of the Currency granted final approval to the First National Digital Currency Bank, which will operate under the name Circle National Trust • The national trust bank model is responsible for overseeing custody and fiduciary management, not operating as a tra...
14.3% of Bitcoin Respondents Report Actual Purchase Increase
A study has found that information about Bitcoin's (BTC) past returns changes both the expected returns and actual cryptocurrency purchases of American households. The possession of cryptocurrencies is linked to...
NBU Prohibits Money24/7 from Providing Financial Services
BPI Proposes Including Stablecoin Secondary Market in Customer Identification Requirements
90% of Executives See No AI Benefits, Layoff Logic Spreads
Investment in artificial intelligence (AI) is increasing among U.S. companies, but the gap between productivity improvement and employment adjustments is widening. Many executives still believe that AI has not yet boosted their company's productivity.
SEC Charges Former Bankers in $18.5 Million Trading Scheme
The U.S. Securities and Exchange Commission has charged two former Wall Street bankers with fraud related to South Jersey Industries stock • The regulator claims a transaction involving approximately 2.2 million shares generated a profit of $18.5 million • The lawsuit seeks fines, injunctions, and r...
Half of Small Businesses in Russia Report Revenue Decline
Smilyansky Denies NBU's Accusations of Money Laundering 11 Billion UAH
India Plans to Issue First Tokenized Bond Exceeding $57 Million in September
79% of Bond Market Participants Expect the Base Rate to Remain Unchanged at the Monetary Policy Committee on the 27th
79% of bond market participants expect the base rate to remain unchanged at the Bank of Korea's Monetary Policy Committee on the 27th. This is a shift from the 66% who anticipated a rate hike in the July survey.
Bank Digital Asset Budget at 88%, Actual Operation at 16%
Investment in digital assets by banks has rapidly expanded at the budgeting stage, but the proportion that has moved to the operational stage is only 16%.
Dnipro Announces Tender for Purchase of Low-Floor Trams for €7.8 Million
...
Contents
Latest articles
08/18/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
