The leadership of the Exchange Companies Association of Pakistan (ECAP) met with Bilal Bin Saqib, Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) and Minister of State, on April 24, 2026, to explore opportunities for collaboration and shared growth in the financial and digital asset ecosystem.
According to a press release issued Tuesday, the ECAP delegation was led by Malik Bostan and Zafar Paracha, along with other senior members of the association.
During the meeting, Paracha outlined ECAP’s stance and delivered a detailed briefing on the role of exchange companies, major industry concerns, and the scope for aligning with the emerging cryptocurrency framework.
Talks centered on improving understanding of evolving cryptocurrency trends and examining how traditional exchange companies can adapt to advancing financial technologies.
Both sides stressed the importance of ongoing engagement, noting that collaborative dialogue would help identify opportunities, tackle challenges, and enhance coordination between their respective organisations.
The discussion also underscored the need for regulatory clarity, innovation, and cooperation to support sustainable growth in Pakistan’s financial sector.
“ECAP remains committed to working closely with stakeholders to support the development of a transparent, secure, and progressive financial environment in the country,” the statement said.
