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KARACHI: The Pakistan Virtual Assets Regulatory Authority (PVARA) on Friday announced approval and launch of a regulatory sandbox for virtual assets.
The announcement, shared on the authority’s social media platforms said PVARA “has formally approved and launched its regulatory sandbox for virtual assets.”
It adds that the “sandbox creates a live, supervised environment for testing real-world use cases, including tokenisation, stablecoins, remittances, and on- and off- ramp infrastructure under regulatory oversight”.
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