With presidential ordinance set to lapse, Senate passes bill for regulating virtual assets
- Posted on February 27, 2026
- By Dawn
- 4 Views
With presidential ordinance set to lapse, Senate passes bill for regulating virtual assets

The bill states that “whoever, willfully, provides an unlicenced virtual asset service shall be punishable with imprisonment for a term up to five years, or with fine up to Rs50 million, or both”.