PVARA Chairman Briefs Finance Minister on Key Insights from Hong Kong Visit
ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 1st Sep, 2026) Chairman Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal Bin Saqib, called on Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Tuesday and briefed him about his recent visit to Hong Kong, sharing key insights from his engagements there.
During the meeting, Bilal Bin Saqib outlined his constructive engagement with Hong Kong policymakers and relevant institutions, including the Financial Services and the Treasury Bureau, Hong Kong Monetary Authority, and Securities and Futures Commission, focusing on knowledge-sharing, experience, and successful use cases applicable to Pakistan. The discussion touched upon:
- Emerging opportunities in the virtual assets and digital finance ecosystem
- Potential applications of blockchain and tokenization technologies in financial markets
- International practices regarding digital assets, stablecoins, compliance frameworks, and digital financial infrastructure
Bilal provided insights into discussions with Hong Kong policymakers, emphasizing their relevance to Pakistan’s burgeoning virtual assets ecosystem. He also shared perspectives on digital financial products, tokenization, and potential areas for institutional cooperation.
The Finance Minister welcomed the briefing, highlighting the importance of establishing a responsible, transparent, and well-structured digital assets ecosystem that supports innovation while maintaining appropriate safeguards.
Senator Muhammad Aurangzeb praised efforts to engage with international policymakers and institutions, emphasizing the need to build on these interactions to identify practical use cases and opportunities for Pakistan’s digital financial ecosystem development.