PVARA Chief Urges UN To Regulate Digital Assets

پوارا کے سربراہ کا اقوام متحدہ سے ڈیجیٹل اثاثوں کی ریگولیشن کا مطالبہ

PVARA Chief Urges UN To Regulate Digital Assets

Minister of State and Chairperson of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal Bin Saqib has called on UN member states to move collectively from discussing digital assets to building the regulatory and institutional frameworks needed to govern the next generation of global finance.

Delivering the keynote address virtually at the United Nations Headquarters during a session on 'Digital Assets and Blockchain for Sustainable Development: Advancing Digital Finance through Innovation', Bin Saqib said digital assets, tokenisation and distributed ledger technologies presented emerging economies with an opportunity to rethink financial infrastructure around inclusion, efficiency and access.

The briefing was convened by the Permanent Mission of Pakistan to the United Nations in collaboration with UNDP, UNCTAD and the Office of the Secretary-General's Envoy on Technology (ODET), bringing together Member States, UN entities and private-sector stakeholders.

The Minister argued that the development potential of digital finance extended well beyond payments, highlighting that closing remittance gaps and leveraging tokenisation could significantly boost global economic inclusion and transparency.

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