Covers crypto in Pakistan: PVARA regulation, Bitcoin, exchanges, tax and Sharia questions, plus general market news. Ten years in the industry.
The widely-quoted 15% crypto tax has no enacted basis we could find — and we could not obtain the Finance Act text to rule it out. What is documented, what is only proposed, and what you still owe.
SBP scrapped the scheme that made remittance transfers free, effective 1 July 2026. For the use case that drives most Pakistani crypto activity, the maths just changed.
The allocation is real and the duty exemptions are real. The subsidised tariff that made the numbers work is not — and the hash-rate thresholds circulating online cannot be verified.
The Virtual Assets Act defines asset-referenced tokens broadly enough to cover real estate — and PVARA has opened applications. What is missing is everything underneath.
PVARA has opened applications for Asset-Referenced Token issuance while full VASP licensing stays shut. The order it chose tells you what Pakistan is trying to build.
PVARA's Sandbox Guidelines 2026 require applicants to confirm their product is not designed for speculation — and put Shariah advisors into the evaluation criteria.
The ECC funded Pakistan's virtual asset regulator in September 2025. Ten months on, here is the verifiable record — what has shipped, and what has not.
No exchange is licensed in Pakistan. Binance and HTX hold No Objection Certificates; Bitget is reported to have entered the NOC pipeline, which is not the same thing. None of that is a licence. What that means for your money, and how PKR actually moves.
The law that ended Pakistan's crypto grey zone — what it requires, who needs a licence, what the penalties are, and the five things it deliberately does not do.
Pakistani users are faced with a growing number of options. One such platform is HTX, a major global player that has recently made significant inroads into the Pakistani market.
As the world's largest cryptocurrency exchange by trading volume, Binance is often the first platform that new and experienced traders in Pakistan encounter.
This guide is designed to demystify what a crypto exchange is, explain how these platforms operate, and provide a clear framework for choosing a secure and reliable option tailored for users in Pakistan.
