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Policy
Pakistan Reverses Seven-Year Crypto Ban, Permitting Banks to Offer Services to Crypto Providers
The State Bank of Pakistan has officially lifted its seven-year ban on providing services to cryptocurrency firms, notifying all banks and financial institutions that they can open accounts for crypto businesses licensed by the Pakistan Virtual Asset Regulatory Authority (PVARA). However, the new regulations stipulate that banks are not allowed to use their own funds or customer deposits to inve…
April 15, 2026, 1:01 p.m.
Policy
Pakistan Removes Seven-Year Restriction, Enabling Banks to Support Crypto Providers
The State Bank of Pakistan has notified all banks and financial institutions that the ban on providing services to cryptocurrency companies has been lifted. However, banks are still prohibited from using their own funds or customer deposits to invest in, trade, or hold cryptocurrencies, according to new regulations. This move follows the recent introduction of the Virtual Assets Act of 2026, whic…
April 15, 2026, 1:01 p.m.
Policy
Pakistan Reverses Seven-Year Crypto Ban, Enabling Banks to Support Digital Asset Providers
The central bank of Pakistan has officially lifted its seven-year ban on providing services to cryptocurrency firms, allowing banks and financial institutions to open accounts for approved crypto businesses. However, these institutions are still barred from using their own funds or customer deposits to invest in, trade, or hold digital assets. This change follows the introduction of the 2026 Virt…
April 15, 2026, 1:01 p.m.
Policy
Pakistan Reverses Seven-Year Crypto Ban, Enables Banks to Support Digital Asset Providers
The State Bank of Pakistan has officially lifted its longstanding ban on providing services to cryptocurrency businesses, permitting banks and financial institutions to open accounts for crypto firms that have been licensed by the Pakistan Virtual Asset Regulatory Authority (PVARA). While the new rules allow banks to provide services to virtual asset service providers (VASPs), they explicitly pr…
April 15, 2026, 1:01 p.m.
Policy
Pakistan Removes Seven-Year Ban, Permitting Banks to Offer Services to Crypto Providers
The State Bank of Pakistan has officially lifted its ban on providing services to cryptocurrency companies, notifying all banks and financial institutions that they can now offer their services to these firms. However, the new rules stipulate that banks are not allowed to use their own funds or customer deposits to invest in, trade, or hold cryptocurrency assets. This development comes after the …
April 15, 2026, 1:01 p.m.
Policy
Pakistan Reverses Seven-Year Crypto Ban, Permitting Banks to Serve Crypto Firms
The State Bank of Pakistan has officially notified all banks and financial institutions that the longstanding ban on providing services to cryptocurrency companies has been lifted. However, the new regulations stipulate that banks are not allowed to use their own funds or customer deposits to invest in, trade, or hold cryptocurrency assets. This development comes after the enactment of the 2026 V…
April 15, 2026, 1:01 p.m.
Policy
Incoming Fed Chair's Portfolio Reveals Crypto Investments
Kevin Warsh, the nominee for Federal Reserve Chair, has submitted his financial disclosure, revealing a complex portfolio with significant crypto and blockchain holdings. The 69-page document, filed with the U.S. Office of Government Ethics, outlines combined assets worth at least $192 million, including investments in DeFi protocols, Ethereum scaling networks, Bitcoin startups, and prediction ma…
April 14, 2026, 6:57 p.m.
Policy
Incoming Fed Chair's Crypto Holdings Revealed, Prompting Questions on Regulatory Impartiality
The financial disclosure of Kevin Warsh, the nominee for the Federal Reserve chair, has shed light on his extensive investments in the crypto and blockchain space. The 69-page document filed with the U.S. Office of Government Ethics reveals that Warsh, through a complex network of venture fund structures, holds stakes in over a dozen companies involved in DeFi lending, decentralized derivatives, …
April 14, 2026, 6:57 p.m.
Policy
Incoming Fed Chair's Portfolio Reveals Crypto Investments
Kevin Warsh, the nominee for the Federal Reserve chair, has filed a 69-page financial disclosure, revealing a portfolio with combined assets of at least $192 million, including investments in over a dozen blockchain and digital asset companies. His holdings span DeFi lending, decentralized derivatives, Layer 1 and Layer 2 networks, prediction markets, and Bitcoin payments infrastructure. Warsh ha…
April 14, 2026, 6:57 p.m.
Policy
Incoming Fed Chair's Crypto Holdings Revealed
Kevin Warsh, the nominee for the Federal Reserve chair, has submitted his financial disclosure, which indicates that he and his wife have combined assets of at least $192 million. Notably, the filing reveals that Warsh has invested in over a dozen blockchain and digital asset companies, spanning DeFi lending, decentralized derivatives, and Bitcoin payments infrastructure. He has pledged to sell m…
April 14, 2026, 6:57 p.m.