LONDON: Pakistan’s drive to regulate virtual assets is being hailed as one of the fastest reforms in global digital finance, positioning the country as a credible player in the evolving financial landscape. This was highlighted by Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), during an interview in London.
Bilal explained that Pakistan has taken decisive steps to introduce structure, oversight, and legitimacy to a sector that had long operated without formal rules despite its widespread adoption. He pointed to recent visits by international figures including Steve Witkoff, representatives of World Liberty Financial, Binance founder Changpeng Zhao, and TRON founder Justin Sun as evidence of growing global confidence in Pakistan’s digital finance reforms.
“These engagements are not symbolic,” Bilal said. “They show that Pakistan is being recognized as a jurisdiction that understands both the risks and the opportunities of digital assets.”
