
ISLAMABAD, Pakistan, Dec. 12, 2025 — HTX, a top global digital asset exchange with more than 50 million registered users worldwide, today announced its official receipt of a No Objection Certificate (NoC) from the Pakistan Virtual Asset Regulation Authority (PVARA). This certificate allows HTX to commence the licensing procedure as outlined in the Virtual Assets Ordinance of 2025.

This significant NoC positions HTX as one of the pioneering global digital asset platforms to start the official licensing process in Pakistan. It represents a key step forward in the nation’s development of a regulated and forward-thinking digital asset environment. With the NoC now issued, HTX will move forward with the required actions under the Ordinance to obtain complete authorization, maintaining close collaboration with PVARA.
Having obtained this NoC from PVARA, HTX will register with the Financial Monitoring Unit (FMU) to offer anti-money laundering (AML)-registered services. These services encompass Exchange, Broker dealer, custody, and derivatives operations, as the company works toward securing a full Virtual Asset Service Provider (VASP) license.
Justin Sun, Global Advisor to HTX, stated:
“Pakistan ranks among the world’s most rapidly expanding cryptocurrency markets, home to millions of young, technologically adept individuals keen to engage in the global digital economy. We are privileged to receive this NoC from PVARA and pledge to cooperate closely with the Authority to establish the industry’s highest benchmarks for compliance, transparency, and user safety. Today’s endorsement is more than an acknowledgment of HTX—it signifies strong support for Pakistan’s strategy to embrace cryptocurrency.”
About HTX
Established in 2013, HTX (previously known as Huobi) has transformed from a virtual asset trading platform into an extensive blockchain ecosystem. Its operations now cover digital asset trading, financial derivatives, research, investments, incubation, and various other ventures.
As a premier global entry point to Web3, HTX possesses worldwide resources that allow it to deliver secure and dependable services to its users. Guided by the development principle of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX strives to offer superior services and value to digital asset supporters across the globe.
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