Islamabad, Pakistan — December 12 , 2025
Huobi HTX, a leading international digital asset exchange with over 50 million registered users worldwide, announced today that it has officially received a No Objection Certificate (NoC) from the Pakistan Virtual Asset Regulation Authority (PVARA), initiating the application process for a compliant exchange license in accordance with the Virtual Assets Ordinance, 2025.
Obtaining the NoC is a milestone, making Huobi HTX one of the first two global digital asset platforms to meet the requirements for a virtual asset license in Pakistan. It also signifies a major step forward for Pakistan in moving towards a standardized and innovative digital asset ecosystem. Following the NoC acquisition, Huobi HTX will continue to advance the relevant compliance and formal licensing processes in accordance with the Virtual Asset Regulations 2025, and will work closely with PVARA throughout the process to achieve final full authorization.
By obtaining the No.C issued by PVARA, Huobi HTX will also complete the relevant registration for anti-money laundering (AML) services with the Financial Monitoring Unit (FMU), covering services including virtual asset exchanges, brokerage trading, custody and derivatives services, while preparing for obtaining a complete Virtual Asset Service Provider (VASP) license in the future.
Justin Sun, Global Advisor for Huobi HTX, stated:
"Pakistan is one of the world's fastest-growing crypto asset markets, with millions of young and tech-savvy users actively participating in the global digital economy. We are honored to receive the no-objection certificate from PVARA and will continue to work closely with regulators to set the highest industry standards in compliance, transparency, and user protection. This approval is not only a recognition of Huobi HTX, but also a vote of confidence in Pakistan's vision for the development of crypto assets."
Regarding Huobi HTX
Founded in 2013, Huobi HTX has evolved from a cryptocurrency exchange into a comprehensive blockchain business ecosystem after 12 years of development, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.
Huobi HTX, as a leading global Web3 portal, adheres to the development strategy of global expansion, ecosystem prosperity, wealth effect, and security and compliance, providing comprehensive, safe and reliable value and services to virtual currency enthusiasts around the world.
