ISLAMABAD: The Senate Standing Committee on Cabinet Secretariat on Wednesday approved the Virtual Assets Bill, 2025, signalling a major step toward regulating and formalising the country’s virtual asset sector.
The committee held a crucial meeting with panel chairman Senator Rana Mahmoodul Hassan in the chair and thoroughly examined the government bill titled “The Virtual Assets Bill, 2025”.
The committee highlighted its significance for Pakistan’s financial ecosystem, as the bill aims to establish a dedicated regulatory authority for licensing and supervision of virtual asset service providers, ensuring investor protection, transparency and market integrity.
After thorough deliberation and review, the Senate panel approved the bill, signalling a major step toward regulating and formalising Pakistan’s virtual asset sector.
