27 September 2025
Headlines

Government

Pakistan Establishes Virtual Assets Regulatory Authority to Oversee Digital Assets Ecosystem

Shahzaib03 mins

Pakistan has taken a major step in regulating its digital assets ecosystem by establishing the Pakistan Virtual Assets Regulatory Authority (PVARA). This new independent body will license and oversee virtual asset providers, enforce AML protocols, and align with global standards. The move reflects Pakistan’s ambitions to become a South Asian digital assets hub following recent crypto policy developments.

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Algerian Government Accelerates Strategic Projects: Gara Djebilet Mining, Digital Connectivity, and Summer Transport Prioritized

Shahzaib03 mins

Algeria’s government convened to accelerate flagship projects including Gara Djebilet mining and railway, digital infrastructure expansion, university service improvements, and enhanced summer transport logistics, reflecting strategic goals for industrial sovereignty, digital transformation, and citizen well-being.

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Bahrain’s Central Bank Introduces Comprehensive Stablecoin Regulations with 1:1 Reserve Requirement

Shahzaib02 mins

Bahrain’s Central Bank has introduced a comprehensive stablecoin regulatory framework mandating licensed issuance, full fiat backing with a 1:1 reserve ratio, and robust governance measures. The rules aim to ensure legal clarity, consumer protection, and financial stability, reinforcing Bahrain’s leadership in regulated digital assets and fintech innovation.

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Pakistan’s Federal IT Minister Calls for 5G Spectrum Auction Committee Meeting

Shahzaib02 mins

Pakistan’s IT Minister Shaza Fatima Khawaja has urged the Auction Advisory Committee to meet and progress the 5G spectrum auction. The meeting is expected to be chaired by the Finance Minister following the budget. The government also awaits the Competition Commission’s approval on a telecom merger. A finalized 5G report will guide auction decisions, supporting the PM’s goal of $25 billion IT exports and imminent 5G rollout.

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Bahrain’s Ministerial Committee for ICT Meets to Advance Digital Transformation and Consumer Protection

Shahzaib02 mins

Bahrain’s Ministerial Committee for ICT, led by Interior Minister General Shaikh Rashid bin Abdullah Al Khalifa, convened to discuss advancements in the country’s digital transformation and consumer protection. The meeting highlighted Bahrain’s progress under royal directives, including initiatives to improve government service efficiency and strengthen e-commerce confidence through anti-fraud measures. Key agenda items included ICT projects in diplomacy, draft legislation for 2025, and a unified government website template. The committee reaffirmed its commitment to enhancing digital services for all citizens and residents.

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