Pakistan Launches Crypto Licensing Framework with September 5 Registration Deadline

Pakistan has officially initiated its cryptocurrency licensing regime, setting a September 5 registration deadline for all digital asset service providers. This landmark move marks a significant step toward establishing a regulated crypto ecosystem in the country. The new framework requires all crypto exchanges, wallet providers, and related businesses to obtain proper licensing before the specified cutoff date. This regulatory clarity is expected to attract institutional investors and boost market confidence in the region. The Securities and Exchange Commission of Pakistan (SECP) will oversee the licensing process, ensuring compliance with international standards and anti-money laundering (AML) protocols. Industry experts view this development as a positive catalyst for crypto adoption in South Asia, potentially positioning Pakistan as a emerging hub for blockchain innovation.