Wire · operational-macro
Virtual assets licensing launched
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Fusion42 · 23 August 2026 · Fusion42 review
Pakistan has launched a comprehensive licensing framework for virtual asset service providers, with a deadline of September 5, 2026 for existing operators to apply. The framework includes 10 licence categories and grants licensed entities access to the banking system, aiming to regulate exchanges, custody, lending, tokenisation, and other crypto-related activities.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 22 Aug 2026 and 24 Aug 2026.
◆ ◆ The Wire takeaway
You now face a hard September deadline to license your crypto operations in Pakistan or cease trading and risk criminal charges. Licensed providers get banking access and legal protections that could transform how you fund and scale your fintech services.
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2 sources · first reported 22 Aug 2026 · latest 24 Aug 2026
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