Pakistan has attracted growing international attention in the global digital economy following what officials describe as a landmark initiative by the Virtual Assets Regulatory Authority (VARA), aimed at strengthening capital markets and regulating the fast-evolving crypto sector.
According to officials, the Pakistan Virtual Assets Regulatory Authority has taken a series of swift and proactive measures to establish a structured regulatory framework for virtual assets. These steps are being viewed as a move to enhance investor confidence and integrate Pakistan into the international digital finance ecosystem.
As part of these efforts, VARA Chairman Bilal Bin Saqib held a high-level meeting with former Binance Chief Executive Officer Changpeng Zhao and Tron blockchain founder Justin Sun. The discussions focused on crypto regulation, blockchain adoption and opportunities for Pakistan’s digital economy.
Changpeng Zhao said Pakistan has made rapid progress in crypto regulation and is creating organized and secure avenues for crypto adoption, particularly for the country’s young population. He described Pakistani youth as highly capable, innovative and quick to adapt to emerging technologies.
He noted that Pakistan ranks among the world’s top three countries in terms of crypto user population, highlighting the scale of digital asset adoption in the country.
Justin Sun said that tokenizing Pakistan’s stock market could significantly boost global investment inflows and help stabilize the national economy. He added that cryptocurrencies have the potential to provide easier and more equitable financial access for citizens by reducing barriers to participation in the financial system.
Officials said the engagement with leading global crypto figures reflects Pakistan’s growing relevance in the international digital assets market and signals a shift toward regulated, technology-driven financial growth.
