Four months after President Asif Ali Zardari signed the Virtual Assets Ordinance on July 8, 2025, creating the Pakistan Virtual Asset Regulatory Authority (PVARA), the body tasked with bringing the country’s underground crypto economy into the light remains largely a ghost in the machine. Hailed as a “transformative milestone” by Finance Minister Muhammad Aurangzeb during … Continue reading PVARA at 120 Days: Is Pakistan’s Crypto Regulator Stuck in A Limbo of Its Own Making?