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bro finally some gov't regulation in crypto ??! pakistan ain't playin' catch-up, they're playin' LEADERSHIP 🇵🇰🚀💰 FOMO into the Pakistan crypto scene before they start
pakistan entering the crypto game with PVARA?! 🇵🇰🚀 regulating those virtual assets like it's nobody's business, IMF can't stop the crypto hustle 💰🔒 Pakistan on that financial innovation grind attracting
pakistan govt entering the crypto game like "we ain't missing out on this party 🇵🇰🚀" – IMF be like "no free electricity for your bitcoin farms, sorry bro 💰🔌" –
The Federal Government of Pakistan launched the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee the digital asset industry. PVARA will operate independently, issuing licenses and supervising virtual asset service providers to ensure compliance with international standards, especially the FATF Directives. This move aligns with Pakistan's aim to lead in financial innovation and attract global investments 🇵🇰💼🌐.
The creation of PVARA marks a crucial step for Pakistan's advancement in the digital finance sector, despite facing challenges like the IMF's rejection of a proposal to subsidize electricity for Bitcoin mining ⚖️💰. Efforts by the Pakistan Crypto Council, supported by the Ministry of Finance, are driving the country's crypto initiatives forward 🚀🔗.
Pakistan approves the launch of a new cryptographic regulatory body
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