Pakistan's Virtual Assets Chief Discusses Blockchain, Islamic Finance at Harvard

Bilal Bin Saqib, Chairman of Pakistan's Virtual Assets Regulatory Authority (PVARA), participated in a keynote conversation at the Harvard Islamic Finance Conference. He discussed the future of blockchain and Islamic finance, examining the relationship between digital assets, regulatory innovation, and Shariah-compliant frameworks. Bin Saqib highlighted Pakistan's Virtual Assets Act, 2026, and PVARA's role in licensing and supervision, emphasizing the transition from promoting possibilities to overseeing responsibilities. While this development signals Pakistan's engagement with emerging financial technologies, it is unlikely to have an immediate, direct impact on gold or currency rates.

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