Pakistan has launched its first compliance-based virtual asset regulatory framework.

[Pakistan Launches First Compliance-Based Regulatory Framework for Virtual Assets] According to Tribune, 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. The policy was developed by a specialized government agency under the AML and CTF authorities. The proposed framework requires approval from the legislative body and input from digital asset companies operating in the country, and it is expected to be rolled out in phases starting in 2026.