Binance delegation meets PM Shehbaz, Field Marshal Asim Munir

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Pakistan signals strong commitment to Digital Asset Regulation

Senior leadership from Binance, including Global CEO Richard Teng, visited Islamabad for high level engagements with the country’s top leadership.

The meeting was attended by Prime Minister Shehbaz Sharif and Chief of Army Staff (COAS) and Chief of Defence Forces (CDF) Field Marshal Syed Asim Munir attended the meeting.

Bilal bin Saqib, Chairman Pakistan Virtual Assets Regulatory Authority (PVARA,) also attended the meeting and gave a briefing on his organisation, as per a statement from the Prime Minister’s House (PMO).

The development came a day after a high-level consultative meeting was convened at the Finance Division, co-chaired by Finance Minister Muhammad Aurangzeb and Chairman of PVARA Bilal Bin Saqib, to discuss and advance work on Pakistan’s National Digital Asset Framework.

During the meeting, Senator Aurangzeb acknowledged that Pakistan digital asset adoption reflected an “irreversible global trend and underscored the economic opportunity to bring citizen-held virtual assets within formal monitoring structures”.

“Such integration would strengthen financial visibility, support creditworthiness assessments, and enhance national asset reporting without conferring legal tender status on digital assets,” the Finance Division said