By S.M. Inam
KARACHI: Global digital assets platform CryptoSlate has reported that Pakistan has reached the same level as Israel in meeting digital asset regulatory standards, marking a notable development in the country’s crypto policy landscape.
The report said Pakistan’s crypto regulatory body, PVARA, is gaining international attention, while Israel has approved a shekel-based stablecoin and Pakistan has allowed regulated crypto companies to open bank accounts.
According to PVARA Chairman Bilal bin Saqib, Pakistan is advancing in technology despite being an agricultural economy, and matching Israel in the digital sector is a major achievement.
He said the world is acknowledging that Pakistan is ahead of many countries in the crypto space, adding that AI agents are now facilitating millions of dollars in crypto payments globally.
Bilal bin Saqib added that Pakistan must equip its youth with AI skills, stating that under Prime Minister Shehbaz Sharif’s vision, the country is working toward a broader digital transformation.
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