Regulatory clarity is accelerating across Asia this week.
Pakistan's PVARA has kicked off its crypto licensing regime, giving companies until September 5 to submit applications for a no-objection certificate or cease operating.
Meanwhile, South Korea has moved to accelerate work on its Digital Asset Framework Act, with Financial Services Commission Chairman Kim Byoung-hwan pushing the timeline forward.
Two very different markets, same underlying trend — governments are done waiting and are building formal licensing frameworks now rather than later. For anyone building or operating in these regions, September is shaping up to be a real compliance deadline, not just a headline.$XRP
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