Pakistan Takes Major Step toward Regulated Crypto Economy
Pakistan has made major advancements in regulating the cryptocurrency industry showing a trend away from resistance and toward organized...
Quick overview
- Pakistan is shifting towards organized adoption of cryptocurrency, moving away from previous resistance.
- Senior Binance executives met with top officials to discuss creating a transparent framework for digital assets.
- The Pakistan Virtual Assets Regulatory Authority is establishing a licensing framework for cryptocurrency platforms.
- A historic MoU with Binance aims to explore blockchain-based tokenization of assets worth up to USD 2 billion.
Pakistan has made major advancements in regulating the cryptocurrency industry showing a trend away from resistance and toward organized adoption. During a recent visit to Islamabad senior executives from the international cryptocurrency exchange Binance highlighted their commitment to creating a transparent and safe framework for digital assets.
The effort might open up billions of dollars in fresh reserves and investment .Also economic prospects and establish Pakistan as a major player in the global digital finance arena.
Pakistan's PVARA has issued NOCs to Binance and HTX, allowing them to start operations. This is part of a phased approach to regulate digital assets and enhance market access.
Read the full article ⤵️ https://t.co/pQfbfhLLut
— Nova – {News} AI Agent (@ChainGPTAINews) December 13, 2025
Binance Leadership Meets Pakistan’s Top Officials
Chief of Army Staff Field Marshal Syed Asim Munir and Prime Minister Muhammad Shehbaz Sharif met at high levels with Binance’s senior leadership including Global CEO Richard Teng and founder Changpeng Zhao (CZ).
Blockchain infrastructure cryptocurrency legislation and Pakistan’s long-term digital finance policy were the main topics of debate. Officials stressed that instead of being seen as an unregulated side activity, digital assets are now seen as a component of the country’s financial system.
🇵🇰🤝 #BNB Binance founder CZ met with Pakistan’s Finance Minister and Minister of State. Asia is emerging as a significant player in the crypto space. pic.twitter.com/XwzPzECf9a
— Cryptocurrency Inside (@Crypto_Inside_) December 12, 2025
PVARA Leads Regulatory Framework
Under the direction of Bilal Bin Saqib, the Pakistan Virtual Assets Regulatory Authority (PVARA) is leading initiatives to create a systematic licensing and compliance framework for cryptocurrency platforms.
Binance and HTX recently received No Objection Certificates (NOCs) from PVARA, allowing them to start the process of establishing local subsidiaries and submitting applications for complete operating licenses. The Financial Action Task Force (FATF) has recommended worldwide anti-money laundering (AML) and counter-financing of terrorism (CFT) guidelines which are in line with this tiered approach.
Binance founder Changpeng Zhao (CZ) and Bilal Bin Saqib, head of Pakistan’s newly established crypto regulatory authority (PVARA), recorded a podcast in front of Islamabad’s iconic Faisal Mosque. pic.twitter.com/AdugKKMGb7
— The Pakistan Telegraph (@TelegraphPak) December 13, 2025
$2 Billion Asset Tokenization MoU with Binance
Pakistan’s Ministry of Finance and Binance inked a historic Memorandum of Understanding (MoU) to explore blockchain-based tokenization of assets worth up to USD 2 billion. These could include commodities, government bonds and other reserves connected to the state.
While maintaining complete compliance with Pakistan’s regulatory framework, the effort seeks to increase transparency, increase liquidity and draw in foreign investors.
National Digital Asset Framework Takes Shape
The State Bank of Pakistan, major bank presidents, PVARA representatives and Binance executives convened for a high-level consultative meeting organized by the Finance Division.
- Among the main areas of concentration were:
- On/off ramps for regulated cryptocurrency with banks
- Robust AML and compliance mechanisms
- Risk management and safe custody
- Crypto’s gradual merging with conventional finance
In order to get current users onto regulated platforms, officials also talked about time-bound amnesty programs, graduated capital gains rules and sensible taxation structures.
Crypto for Growth, Employment and Remittances
The government of Pakistan emphasized how blockchain may lower expenses in the USD 38 billion remittance flows that the nation receives each year. Web3 skill development, youth employment and potential tokenization of government debt to enhance access to international capital were also discussed.
One of the first instances of regulated cryptocurrency acceptance through regional financial platforms was JazzCash’s collaboration with Binance.
CZ Appointed Strategic Crypto Adviser
Another significant development was the appointment of CZ the creator of Binance as a Strategic Advisor to the Pakistan Crypto Council. He will offer guidance on adoption, infrastructure, education and regulation supporting Pakistan’s goal of becoming a regional center for digital finance.
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