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GeorgeAyello
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Pakistan has granted NOCs to binance and HTX to start Registration process So which means under this certificates Binance and HTX can ; Register with the financial monitoring units goAML system. Engage with the securities and exchange commission of Pakistan. Begin setting up local subsidiaries Prepare full license applications once crypto regulations are finalized. Authorities have clarified that these are not operating licenses. Trading services will only be allowed after complete regulatory approval . #pakistanicrypto $BTC
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#StablecoinRevolution Chairman of the Pakistan Virtual Assets Regulatory Authority (PVARA) Bilal bin Saqib said that the No Objection Certificates (NOCs) issued to global cryptocurrency exchanges Binance and HTX were not a “blanket approval” but the first step under a “risk-mitigated, phased, supervised entry framework”. Addressing a news conference on Sunday, he said that the issuance of the NOCs to Binance and HTX represents a practical step toward a new regulatory vision. He said the newly introduced framework will enable effective monitoring of anti-money laundering measures and counter-terrorism financing. He said the move marked Pakistan’s first attempt to create a regulated, transparent and internationally compliant pathway for global cryptocurrency exchanges, calling it a cautious step towards formalising the digital asset sector. #DigitalAssets $BNB
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Binance to advise Pakistan on $2 billion asset tokenization as country prepares stablecoin launch. Pakistan’s Finance Ministry signed a non-binding MoU with Binance to explore the tokenization of sovereign bonds, treasury bills, and commodity reserves valued at up to $2 billion. The country’s Virtual Assets Regulatory Authority also granted preliminary clearances to Binance and HTX to begin local licensing processes. The moves follow Pakistan’s recent announcement that it plans to launch a national stablecoin as part of a broader digital finance overhaul. #Tokenization #StablecoinRevolution $BNB $BTC
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#BinanceResearch The Fed makes a "hawkish cut" as stagflation concerns begin to surface. Meanwhile, Abu Dhabi cements itself as a global crypto hub, and Ripple gains momentum with investment from Citadel. Stay ahead with this week’s market commentary from #Binance Research ⬇️ And follow binance research on x to get updates $BNB $BTC
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