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Fauji Foundation – the country’s one of the largest business conglomerate – has signed a Letter of Intent (LOI) with Binance, the leading global blockchain and cryptocurrency exchange by trading volumes and users, for commercial collaboration in blockchain, cryptocurrency and payments in Pakistan. The announcement was made by Pakistan Crypto Council (PCC) in a statement on Monday disclosing that the LoI was signed on Dec 12 at the Fauji Foundation Headquarters, Rawalpindi. The statement said the two sides will explore potential commercial collaboration on blockchain, cryptocurrency, payments and Web 3.0 ecosystem within Pakistan. “As part of the LoI, Binance will deploy its expertise, advisory support and technological and market insights on the crypto industry, and Fauji Foundation will partner with Binance on payment infrastructure solutions utilising digital assets”, the statement said. Read more: https://www.dawn.com/news/1961373/fauji-foundation-binance-partner-for-crypto-push #DawnToday
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Chinese billionaire Justin Sun, founder of the Tron blockchain, joined Pakistan's crypto advisor Bilal Bin Saqib for prayers at Faisal Mosque in Islamabad
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Binance has signed a Letter of Intent with Fauji Foundation in Islamabad to explore a potential commercial partnership across blockchain, cryptocurrency, payments, and the broader Web 3.0 ecosystem in Pakistan. The collaboration reflects growing institutional interest in structured digital asset development as Pakistan’s regulatory environment continues to take shape under PVARA. Under the LOI, Binance will provide advisory support, technical expertise, and market insights drawn from its global experience, while Fauji Foundation will collaborate on payment infrastructure solutions that leverage digital assets. The agreement sets a foundation for exploring practical use cases rather than immediate deployment, focusing on long-term ecosystem building within regulatory boundaries. A key pillar of the partnership is education and skills development. Both organizations plan to promote blockchain and crypto education through their academic divisions, aiming to equip young Pakistanis with industry-relevant skills and responsible knowledge of digital finance. The signing ceremony was attended by senior leadership from Fauji Foundation, Binance CEO Richard Teng, PVARA Chairman Bilal Bin Saqib, and Pakistan Crypto Council adviser Changpeng Zhao, underscoring the strategic importance of the initiative.
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#BTCVolatility trump coin still trading 6.26 to 6.31 1 weekend's has passed but I'm still watching but mostly dump am hold may be sedanly trading
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I earned 0.00 USDC in profits from Write to Earn last week
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