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Pakistan sets up a crypto regulatory framework for $200,000

  • Pakistan says it built its crypto regulatory framework in less than six months using about 8% of the approved budget, or roughly $200,000.
  • The initial licensing regime covers exchanges, custody, brokerage, asset management, lending, and payments.
  • Next on the agenda are stablecoins and tokenized markets, according to PVARA chair Bilal Bin Saqib at Bitcoin Asia in Hong Kong.

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