Binance has signed a Memorandum of Understanding (MoU) with Pakistan's Finance Ministry. Under this, approximately $2 billion of Pakistan's assets (such as Government Bonds, Treasury Bills, and commodity reserves) will be tokenized on the blockchain. The aim is to make access to these assets easier for global investors.
2. Licensing and Regulatory Update (Pakistan)
PVARA Approval: The Pakistan Virtual Assets Regulatory Authority (PVARA) has given "in-principle" clearance to Binance and HTX.
This means that Binance will now be able to register its local subsidiary in Pakistan and apply for a full license. This is a significant step towards legalizing and regulating crypto in Pakistan.
3. Partnership with Fauji Foundation
Binance and Fauji Foundation have also signed a Letter of Intent (LOI). Together, they will work on digital payment infrastructure, blockchain solutions, and the Web 3.0 ecosystem in Pakistan.
4. Changes in Binance Earn and Trading Pairs
Dual Investment: Binance has removed trading pairs like BTC/FDUSD, ETH/FDUSD, BNB/FDUSD, and SOL/FDUSD from Dual Investment.
New Additions: Starting tomorrow (18 December), new tokens like ASTER, ENA, ZEC, UNI, and AAVE will be available for Dual Investment on Binance Earn.
5. Termination of Bifinity UAB Services
Binance's fiat service provider Bifinity UAB will cease its services on 31 December 2025 (due to regulatory changes). However, Binance has stated that there will be no impact on users' deposits and withdrawals as they have set up alternative regulated providers.
Market Summary:
Currently, a slight bearish trend is being observed in the price of BNB, and according to market analysts, the $1,000 level has become a strong resistance. $BTC #BTCVSGOLD #TrumpTariffs #USJobsData #WriteToEarnUpgrade #CPIWatch
