๐ฅ Breaking News: Pakistan + Binance (Dec 12, 2025)
๐ต๐ฐ 1. Pakistan Signs MoU With Binance to Explore $2 Billion Asset Tokenisation
Pakistanโs government has signed a memorandum of understanding (MoU) with Binance to explore tokenising up to $2 billion worth of sovereign assets, including bonds, treasury bills and commodity reserves using blockchain technology.
Tokenisation means creating digital representations of real-world assets โ potentially improving liquidity, transparency and global investor access to Pakistanโs financial markets.
๐ฆ 2. Binance & HTX Receive Preliminary Regulatory Clearances
Pakistanโs Virtual Assets Regulatory Authority (PVARA) has issued No Objection Certificates (NOCs) to Binance and HTX.
These NOCs allow the platforms to register with regulators, set up local subsidiaries, and begin applying for full crypto exchange licences, but theyโre not full operating licences yet.
The stage is part of a phased regulatory framework focusing on governance, AML (anti-money laundering), compliance and risk controls.
๐ 3. Binance Gets Anti-Money Laundering (AML) Registration in Pakistan
Binance has officially obtained AML registration from Pakistanโs virtual assets authority.
This marks progress toward a full Virtual Asset Service Provider (VASP) licence, aiming to build a regulated, transparent, compliant digital asset ecosystem in the country.
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๐ Broader Context โ Pakistanโs Crypto Movement
Pakistan has been rapidly shifting its cryptocurrency stance in 2025 โ from earlier discouragement to proactive regulation and engagement.
The government created the Pakistan Crypto Council (PCC) and the Virtual Assets Regulatory Authority (PVARA) as key steps in establishing rules and oversight.
Cryptocurrency trading is not banned, and platforms like Binance are widely used (especially through P2P in PKR).
