SBP permits licensed VASPs to open bank accounts 2018 crypto banking ban effectively ended Accounts must be segregated and non-interest-bearing (PKR) Banks required to follow AML/CFT compliance PVARA established as licensing and regulatory authority Banks prohibited from holding or investing in virtual assets SBP Enables Banking Access for Licensed Crypto Firms The State Bank of … Continue reading State Bank of Pakistan Allows Licensed Virtual Asset Service Providers to Open Bank Accounts