Pakistan opens crypto licensing portal

LATEST: Pakistan has opened its crypto licensing portal, giving virtual asset companies until September 5 to apply for regulatory approval or cease operations.
The move represents another step toward bringing the country's crypto industry under a formal regulatory framework.
For exchanges and other virtual asset businesses operating in Pakistan, the deadline creates a clear choice between obtaining authorization and exiting the market.
Successful implementation could give regulated crypto companies greater clarity while pushing unlicensed operators out.