1. Regulatory Status and Partnerships (2025-2026)
Active Collaboration: Binance is collaborating with Pakistani authorities to foster a secure digital asset ecosystem. In December 2025, Binance announced it obtained Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA).
Path to Licensing: This AML registration is a key, phased step toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan.
Tokenization Project: In Dec 2025/Jan 2026, the Pakistani government signed an MoU with Binance to explore the tokenization of up to $2 billion in government-owned assets, including sovereign bonds, treasury bills, and commodity reserves.
Legality: Cryptocurrencies are not considered illegal in Pakistan. While the State Bank of Pakistan (SBP) previously warned against their use, the current shift is toward regulation, with the formation of
Active Collaboration: Binance is collaborating with Pakistani authorities to foster a secure digital asset ecosystem. In December 2025, Binance announced it obtained Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA).
Path to Licensing: This AML registration is a key, phased step toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan.
Tokenization Project: In Dec 2025/Jan 2026, the Pakistani government signed an MoU with Binance to explore the tokenization of up to $2 billion in government-owned assets, including sovereign bonds, treasury bills, and commodity reserves.
Legality: Cryptocurrencies are not considered illegal in Pakistan. While the State Bank of Pakistan (SBP) previously warned against their use, the current shift is toward regulation, with the formation of