rs1million

The government of Pakistan has introduced strict new rules for crypto transfers. Under the new Virtual Asset Service Provider Governance & Operations Regulations 2025, every virtual asset transfer above Rs. 1 million will now require detailed verification. Virtual Asset Service Providers (VASPs) must collect, verify, and store information about both the originator and the beneficiary. They must also share this information with authorities whenever required.

This move shows that the government wants stronger control over large crypto transactions. It also aims to bring Pakistan in line with global anti-money laundering and counter-terror financing standards. The regulations make full compliance with the FATF Travel Rule mandatory. This rule ensures transparency in digital asset transfers across borders.

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