Pakistan's crypto push clouded by Islamic edict, regulator asks for clarification
Published on: Tuesday 14 July 2026
By Ariba Shahid KARACHI, July 15 (Reuters) - Pakistan's virtual assets regulator has asked the country's top Islamic seminary to draw a distinction between speculative cryptocurrencies and asset-backed digital tokens, its chief said on Wednesday. Bilal bin Saqib, chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA), told Reuters he had asked for the clarification after the