Pakistan FIA Creates Unit for Cryptocurrency Crime Investigations

The Federal Investigation Agency (FIA) of Pakistan has established a specialized unit to investigate crimes involving cryptocurrencies, focusing on money laundering and terrorist financing.

The new unit is part of the National Command and Control Center (NC3), which combines units for combating money laundering and investigating virtual currency transactions.

The responsibility for licensing market participants, developing regulations, and overseeing the digital asset market remains with the Pakistan Virtual Assets Regulatory Authority (PVARA).