๐ต๐ฐ Binance Takes a Major Step Towards Full Regulation in Pakistan! ๐
Big news! Binance has secured an Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority's (PVARA) framework. This marks a significant milestone in our commitment to fostering a regulated, secure, and transparent digital asset ecosystem in the country.
Key Highlights:
โ AML Registration Secured: Binance has obtained the necessary Anti-Money Laundering (AML) registration under the PVARA framework.
๐ฃ๏ธ Path to Full Licensing: This registration is a crucial step toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan.
๐ค Phased Approach: This phased regulatory approach allows Binance to offer AML-registered cross-border services while preparing for full licensing, aligning completely with Pakistanโs official regulatory roadmap.
๐ Commitment to the Future: Binance's leadership engaged with key Pakistani policymakers, focusing on the regulatory process, industry transparency, and the advancement of the digital assets sector.
๐ The future of crypto in Pakistan is looking brighter than ever!
We are dedicated to building a robust and inclusive virtual asset ecosystem in Pakistan and across South Asia!
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