Pakistan has made significant progress in crypto regulation, strengthening its position in the global digital market following key initiatives by the Virtual Assets Regulatory Authority (VARA). The authority is taking proactive steps to develop secure and structured capital markets, with VARA Chairman Bilal bin Saqib holding high-level meetings with former Binance CEO Changpeng Zhao and TRON founder Justin Sun. Changpeng Zhao praised Pakistan’s rapid regulatory advancements and growing adoption of crypto assets, especially among youth, noting that the country ranks among the top three globally in crypto user population. He also said that tokenising Pakistan’s stock market could attract global investment and support long-term economic stability.