KP Launches Monthly Digital E-Open Courts
February 23, 2026
A new regulatory sandbox has been launched by PVARA to allow supervised testing of virtual asset products such as tokenisation and stablecoins.
The Pakistan Virtual Assets Regulatory Authority has announced the approval and launch of a regulatory sandbox for virtual assets.
According to a statement shared on the authority’s social media platforms, the sandbox creates a live and supervised environment for testing real world use cases. These include tokenisation, stablecoins, remittances, and on and off ramp infrastructure under regulatory oversight.
The authority said official guidelines for the sandbox will soon be published on its website. However, detailed information had not been released at the time of reporting.
As defined by the Securities and Exchange Commission of Pakistan, a regulatory sandbox is a tailored regulatory environment that allows limited scale live testing of innovative products, services, processes, or business models in a controlled setting for a limited period. The purpose is to assess whether these solutions are ready for full scale launch and to determine the appropriate regulatory framework.
Under this initiative, web3 startups will be able to test products and services in a controlled environment with relaxed regulatory conditions. The goal is to inform future regulations that balance innovation with consumer protection.
