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Pakistan has launched its first compliance-based virtual asset regulatory framework.
PANews April 12 news, according to Cointelegraph report, Pakistan has launched its first comprehensive policy framework to regulate virtual assets and virtual asset service providers (VASP), aimed at curbing Money Laundering, supporting innovation, and attracting foreign investment. This policy was developed by a specialized government agency under the AML and CTF institutions. The proposed framework requires approval from the legislative body and the opinions of digital asset companies operating in the country, and is expected to be rolled out in phases starting in 2026.
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