Pakistan Opens Crypto Licensing Portal with September 5 Deadline for Existing Firms
Source Summary
Pakistan has launched a crypto licensing portal requiring existing virtual asset providers to obtain a No Objection Certificate (NOC) by September 5 or face mandatory cessation of operations. The deadline is part of Pakistan's new regulatory framework for cryptocurrency businesses.
Why it matters
The deadline establishes a hard compliance requirement that will reshape Pakistan's cryptocurrency sector by forcing existing providers to either formalize their operations or exit the market.
