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Articles for tag: Crypto, encryption, Governor, Govt, launch, legal, licenses, Pakistan, Pakistan regulatory authority virtual assets, service providers, unravels

September 24, 2025

News Desk

Crypto goes legal to Pakistan as Govt unravels licenses

Pakistan officially began the licensing process for encryption exchanges, signaling a key milestone for the country’s digital finances. The Pakistan Pakistan Authority has called on world encryption providers to apply for license to the country. Experts estimate that the Pakistani encryption market currently serves about 40 million users, with an annual volume of transactions approaching $ 300 billion, making it one of the largest unjust markets in the world. The creation of the Authority aims to bring these activities in accordance with international regulatory standards, while at the same time facing the financial risks. In the context of the new

September 18, 2025

News Desk

Bureaucracy is delaying licenses for ISP satellite

Islamabad: Satellite -based internet service providers have expressed serious concerns about bureaucratic obstacles in the finalization of a licensing regime, which can stop investing millions of dollars. Five providers of satellite -based internet services (ISP), including Starlink, have applied for licenses for the provision of broadband in Pakistan. But they complain that state entities delay the process. Sources in the Pakistani Space Activities Regulatory Council (PSARB) said that five companies, such as Starlink and Shanghai Spacecom Satellite Technology Limited that provide satellite internet, had expressed interest in entering the Pakistani market. Other companies are Oneweb (Group Eutelsat), the Amazon Group’s

September 14, 2025

News Desk

The resignation of oil licenses expanded

Karachi: The Federation of Pakistan of Persistent Trade and Industry (FPCCI), Atif Ikram Sheikh, welcomed the resignation of dangerous oil licenses for the clearance of introductory chemicals and petroleum industrial raw materials that fall under the ranks. The resignation, according to a letter from the Department of Explosives on September 10, 2025, will be valid until October 23, 2025, when the FPCCI, on behalf of the overall business, industry and the Pakistan commercial community, has appreciated the very necessary intervention, according to a press release. Atif Ikram praised the relevant people to resolve the matter, as pending missions could be

September 14, 2025

News Desk

Pakistan invites world encryption exchanges to apply for local licenses

The performances of the virtual coins Ripple, Bitcoin, Etherum and Litecoin appear on a PC motherboard in this illustration image. – Reuters/file PVARA encourages VASPs to expand their activities in Pakistan. The license is open to businesses regulated in the US, the United Kingdom, the EU and the UAE. The Pakistan encryption market is estimated to have over 40 meters of users. Islamabad: Pakistan has called on international encryption exchanges and virtual assets to apply for licenses to operate in its domestic market, The news reported on Sunday. The Pakistani Regulatory Authority, created in accordance with the decree of virtual

August 10, 2025

News Desk

US NVIDIA licenses for exporting chips to China

Listen to the article Bangalore: The US Department of Trade began issuing licenses to Nvidia to export H20 to China, a US official told Reuters on Friday, removing a significant obstacle to Ai Bellwether access to a basic market. The US last month overturned April ban on the sale of the H20 chip to China. The company had customized the microprocessor, especially in the Chinese market, to comply with the Biden era chips (AI) chips. Curbs will bring $ 8 billion from sales from July quarter, Chipmaker warned. Nvidia CEO Jensen Huang met with Trump on Wednesday, he said two

April 29, 2024

News Desk

Indian state suspends licenses of 14 yoga guru products over latest failure

NEW DELHI: An Indian state regulator has suspended the manufacturing licenses of 14 products made by pharmaceutical companies of the country’s most popular yoga guru for repeatedly publishing misleading advertisements about their effectiveness, according to a government order. The order is the latest setback for Baba Ramdev, whose TV shows, yoga treatments and offerings of traditional medicine for ailments have made him popular in India and other nations. India’s Supreme Court has repeatedly criticized Ramdev in recent weeks for failing to comply with its directions in an ongoing lawsuit to stop misleading advertising of some of his traditional Ayurvedic medicines.

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