Pakistan Takes a Major Step in Digital Finance and Insurance Reform
Pakistan’s financial sector is entering a new phase of innovation as the Securities and Exchange Commission of Pakistan (SECP) has introduced several groundbreaking approvals aimed at modernizing the country’s insurance and investment landscape. In a significant development, the SECP has awarded Pakistan’s first-ever digital general takaful license to First Digital Takaful Company Limited. This marks […]
Pakistan Opens the Door to Regulated Digital Assets with PVARA Sandbox
Pakistan has taken a notable step toward regulating the digital asset space. The Pakistan Virtual Assets Regulatory Authority (PVARA) has officially released its sandbox guidelines and invited applications for the first phase of issuing asset-referenced tokens under the newly enacted Virtual Assets Act, 2026. This development signals a shift from uncertainty to structured oversight, offering […]