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I am a Professional Lawyer / Advocate.

There are many people in Pakistan who work with Bitcoin, Binance, and other cryptocurrencies. However, in the past there were legal restrictions in Pakistan, due to which the bank accounts of people involved in such activities were sometimes blocked. In addition, they could also face inquiries from the FIA.

Because of this situation, there was increasing pressure on the Pakistani government to clarify the legal status of digital assets. Now, the Pakistani government has introduced the Virtual Assets Act 2026, which provides a legal framework and certain protections for this sector.

In this video, I will explain the relevant Pakistani laws, how digital currency trading can be conducted while staying within the legal framework, what regulations apply, and what penalties may apply if someone violates these laws.


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Transcript
00:00بسم اللہ الرحمن الرحیم
00:01اسلام علیکم دوستو میں ہوں اسمان علی ویلکم تو میں چینل اور آج کی ویڈیو کے اندر ہم بات کریں
00:05گے
00:05کہ کرپٹو کرنسی بٹکوینز اور تمام جتنی بھی ڈیجیٹل کرنسیز ہیں کہ وہ پاکستان کے اندر لیگل ہو چکی ہیں
00:10اس حوالے سے نیا لاؤ جو ہے وہ پاکستان کے اندر پاس کر دیا گیا ہے
00:14اس کے لئے جو ہے وہ کیا ریگولیٹیز جو ہے وہ اور کیا رولز اور لاؤز بنائے گئے ہیں
00:20اور اس کے حوالے سے جو ہے وہ کون سی ایسی ویچل سروسیز ہیں جو کہ کوئی بھی شخص جو
00:25ہے وہ پروائیڈ کر سکتا ہے
00:27اس کا کیا طریقہ کار ہے اور اس کے علاوہ جو ہے اگر خلاف قانون جو ہے وہ کئی جو
00:33ہے وہ کام کیا جاتا ہے
00:35جس کے اندر کوئی بھی ڈیجیٹل کرنسیز کا ہے تو اس کے اوپر کیا سزائیں مقرر کی گئی ہیں
00:38آج کے ویڈیو کے اندر اسی موضوع کے اوپر ہم بات کریں گے
00:43دیکھیں پاکستان کے اندر جتنی بھی ڈیجیٹل کرنسیز ہیں وہ بین ہیں اور اس کے اوپر جو ہے وہ دوزار
00:49انیس سے لے کر جو ہے وہ انٹیل جو ہے وہ
00:51سٹیٹ بینک کو پاکستان نے اس کے اوپر جو ہے وہ پروپر لی طور کے اوپر انسٹرکشنز جو ہے وہ
00:55بینکز کو جاری کر رکھی ہیں
00:57اور اس حوالے سے اگر کوئی بندہ جو ہے وہ بیٹ کوئنز کا کرپرو کرنسی کا کوئی یا کوئی بھی
01:02ڈیجیٹل کرنسی ہے
01:05thee
01:10Well
01:11we
01:11Because
01:15we
01:17Eloy
01:32put
01:33sup
01:33the
01:33part
01:33further
01:33the
01:33foreign
01:35foreign
01:38monitor kiya jaya taakke kisi kisim ki koji money laundering joh hai ya koji
01:42huwalha hundi ka kam joh hai woh isha walhe se na kiya jaya.
01:46Toh isha walhe se joh hai woh gawrpen ne ab joh hai woh virtual asset
01:50act 1226 joh hai woh pass ka dhia gya hai.
01:53Iske tehe joh hai woh koji bhi shakht joh hai woh virtual asset services joh
01:57hai woh provide kar saktaya hai.
01:59Or iske liye joh woh 10 kisim ki joh services hai.
02:01Ah uski permission grant ki gai hai.
02:04Woh koon si 10 kisim ki services hai.
02:05Iske hem joh hai woh video ke end ke oper in ki detail me
02:08aap ko aur in ki list joh hai woh provide karun ga.
02:11Toh sb se meri ham baat ker lietay hai
02:12ki isko regalize karne ke huwalhe se
02:14aur isko legalize karne ke liye kiya step joh hai woh liye gaya hai.
02:18Is kanun ke teher joh hai
02:21Pakistan virtual asset regulator authority joh hai
02:25Uske qiyam ka joh hai woh zikir kiya gaya
02:27Kiska qiyam kiya jahe ga
02:28Or isha walhe se joh hai woh online joh hai woh
02:32Iswakt in ki website joh hai woh ben chukki hai
02:34Jis ke liye joh hai woh online joh hai woh application joh hai woh
02:38Woh aap isha walhe se move kar sakti hai.
02:41Isha walhe se koon se shaks joh hai.
02:43Isha walhe se koi bhi individual shaks joh hai.
02:45Joh kye licensi ke liye apply karna chata hai.
02:47Toh isha walhe se koi bhi shaks online apply kar sakti hai.
02:51Or iske anndar joh hai woh digital companies joh hai.
02:54Isko joh hai woh ke tahadi isko regulate kiya jayega.
02:58Or koji bhi shaks joh hai.
02:59Joh virtual asset services joh hai woh provide kerna chaha raha hai.
03:03As a company joh hai woh virtual joh hai woh
03:06पakistan virtual asset regulator authority hai.
03:08Iske anndar licensi ke liye joh hai woh applye karay ga.
03:11Or iske alawah joh hai.
03:15Iske tahe joh hai woh market joh
03:18joh ye authority qiyam ki ga hi hai.
03:21Iska kam joh hai woh na sirf joh hai woh licensis ko issue karna hai.
03:24Bhlukhe iske alawah joh hai woh digital jitne bhi companies
03:27joh hai unko regulate karna hai.
03:29Unki monitoring karna hai.
03:31Iske alawah joh hai woh ah
03:32Iske a upon license jisko issue kiya gya hai.
03:35Agan koi bhi joh hai woh ah
03:38Apeni rule and regulations ko wai
03:42Waiolate kata hai.
03:43Toh iske oopah joh hai woh carwaii ka
03:44Iختyar bhi joh hai woh.
03:46Día gya hai.
03:46Or koji bhi shakts joh hai.
03:48Woh digital currency ka kam joh hai.
03:50Without joh hai woh licensin joh hai woh.
03:52Ah iske oopah nahi ker saakta hai.
03:54Na اس ki trading kar saakta hai.
03:56Isha woh rules and regulations joh hai woh binaay jahe
03:59Ghe abhi kiunke properly thought ke oopah joh
04:02uh Pakistan which is a regulated authority has got properly
04:05Qiyam abhi tuk nahi hua hai
04:06kanun paas ka dhia gaya hai website ke through apply kiya jaha
04:10sikta hai mtaham johai wo is ke oopar yeh joh authority hai
04:13yeh waktan fa waktan johai wo is ke oopar johai wo rules
04:16or regulation johai wo ahm is ke oopar johai wo
04:19ahm banayegi
04:21is ke araba johai wo is ka tariqa kar gaya
04:23is meh joh is ka section 19 hai
04:25us ke indah dhia gaya hai
04:27ki johai koji bhi shaks johai
04:29wo first of all johai wo
04:30ahm ah is ke rye johai wo
04:32noc ke rye applye karayega
04:34licensing ke rye applye karayega
04:36aur us ke ilawah johai wo
04:37joh bhi ahm
04:39yeh authority johai
04:41yeh properl torke oopar eek criteria
04:43eek rules and regulations banayegi
04:45us ke oopar johai wo koji bhi shaks johai
04:47ahm woh ahm
04:49agar fit and johai wo
04:51properl torke pundin ke criteria ke oopar
04:53pura uterta hai
04:54to then unko johai wo
04:56johai wo license johai wo
04:58issue kar diya jayega
04:59aur jis ko license issue kiya jayega
05:01wo unki joh registration hai wo as a company
05:03hooggi is ke indah
05:04aur is ke ilawah
05:05ham is ke oopar waad karheen
05:06تو is ke indah
05:07johai wo different johai wo section
05:08johai is ke indah 54 hai
05:11us ke indah johai wo provide kiya gaya
05:13johai wo johai wo ahm agar kishi bhi shaks
05:16ne johai wo ahm wo koi virtual access johai wo services provide
05:20karnehi hai to us ke iliee
05:22lazon hai
05:22that he will be a company as a company register
05:27and he will be a
05:31anti-money laws
05:32and
05:32and
05:32and
05:33and
05:37and
05:37and
05:37and
05:37and
05:37and
05:37and
05:47and
06:16is
06:25foreign
06:48can be a authority or without services license or
06:56license or services or whatever it is on the way to do it.
07:0225 lakh rupees or 2,000 lakh rupees or 2,000 sows are on the way.
07:06However, this section is 54 subsection which is three.
07:20is
08:09is
08:11services
08:12کو
08:14سسپین کر سکتا ہے
08:17پاور اس کو گرانٹ کی گئی ہیں
08:21پاور
08:22کین کنڈیشن
08:22کے اندر کی گئی ہیں
08:24اگر کئی پر بھی
08:26systematic
08:28موجود
08:29اس کے علاوہ
08:31مارکیٹ کی
08:32منپلیشن
08:33فراڈ
08:34سیکس کے ساتھ
08:35اس کو بریج کیا جا رہا ہے
08:39so this is the company authority
08:42which is immediately
08:46the assistant which is the service provider
08:50which is the license
08:51which is the temporary
08:54which is the suspension
08:57which is the temporary suspension
09:00which is not possible
09:03this is the section 66
09:06which says
09:07which is the virtual assistant service provider
09:11which is the service provider
09:12which will be implemented
09:15which will be the federal board of revenue
09:17which will be the rule and regulation
09:21which will be the application
09:24which will be the application
09:25now this is the active
09:27company
09:29which will be the services
09:31against
09:32which will be the lessons
09:34which will be the applications
09:35which will be the DHT
09:36which will be the service provider
09:38which will be the same
09:40primary would be the application
09:43which will be the standard
09:45which will help you
09:52which can work through
09:55in terms of the application
09:57shaykh ki jiga, Allah hafiz
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