Which platforms are licensed in Pakistan, how they handle PKR, and what they cost.
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.
Pakistan’s Virtual Asset Regulatory Authority (PVARA) has invited global crypto exchanges and VASPs to register under a new framework, aiming to regulate $300B in annual trading volume and bring transparency to its 40M+ crypto users.
Pakistan is expected to license all crypto exchanges and approve Bitcoin mining companies in August 2025, a move that could redefine Bitcoin Pakistan and the country's crypto future.
