Global HighlightsPolicy & Regulation
MiCA Goes Live Across the EU: What It Means for Pakistani VASPs
By Global Desk1 min read
The EU's Markets in Crypto-Assets regulation is now in force across all member states, establishing a single authorisation that passports across the bloc.
For Pakistani virtual asset service providers the significance is indirect but real. A European entity now offers access to twenty-seven markets under one authorisation, changing the economics of establishing abroad.
The obligations are not trivial. Capital requirements, custody segregation, and white-paper disclosure for token issuance all apply, and the compliance overhead is substantial for a firm of modest size.
