Pakistan signed a memorandum of understanding with the crypto exchange 'Binance' on December 12, 2025 (Ministry of Finance/Ex)
On Friday, Pakistan signed a memorandum of understanding with the crypto exchange 'Binance' to increase liquidity through the tokenization of domestic bonds, treasury bills, and commodity reserves and to attract international investors.
According to the Ministry of Finance, in this regard, Pakistan has also granted initial approval for Binance and the digital asset platform HTX to establish local subsidiaries and a full exchange license.
According to the Pakistan Virtual Assets Regulatory Authority, this approval allows both companies to register in the anti-money laundering system and establish local units.
The Ministry of Finance stated that this initiative will pave the way for the distribution of Pakistan's real assets through blockchain and tokenization.