Pakistan Rivals Israel in Crypto Regulations; Global Platform 'CryptoSlate' Validates Digital Economy Success
ISLAMABAD (May 12, 2026): In a major boost to Pakistan’s digital landscape, the global crypto authority CryptoSlate has ranked Pakistan alongside Israel in terms of digital asset regulation and compliance. The report highlights Pakistan’s rapid ascent in the global Web3 and fintech ecosystem.
Global Recognition for PVARA
The analysis by CryptoSlate emphasizes that the Pakistan Virtual Assets Regulatory Authority (PVARA) is gaining international traction. Key regulatory milestones were compared: while Israel has approved a stablecoin based on the Shekel, Pakistan has moved forward by allowing regulated crypto firms to operate legitimate bank accounts, fostering a secure environment for digital trade.
Chairman Bilal Bin Saqib on Technological Parity
Chairman PVARA, Bilal Bin Saqib, termed this a historic achievement for the nation.
"Despite our traditional identity as an agricultural economy, Pakistan is leading in technology. Rivaling Israel in the digital sector is a testament to our progress," he stated.
He further noted that AI agents are now facilitating million-dollar transactions in cryptocurrency, signaling a paradigm shift in global finance.
Vision for a Digital Revolution
Aligned with Prime Minister Muhammad Shehbaz Sharif’s vision for a "Digital Pakistan," PVARA is working to integrate Artificial Intelligence and Blockchain. The Chairman stressed the importance of equipping the youth with AI skills to sustain this growth in the coming years