The Ministry of Finance of Pakistan has signed a non-binding Memorandum of Understanding (MoU) with Binance,
The core content has only one keyword: Sovereign Asset Tokenization.
According to disclosures, both parties will explore bringing assets worth up to 2 billion dollars on-chain, including:
• Sovereign Bonds
• Treasury Bills
• Commodity Reserves
Meanwhile, the Pakistan Virtual Assets Regulatory Authority has preliminarily approved
Binance and HTX to initiate the local licensing application process.
More crucially, the background is:
Pakistan has previously announced plans to launch a National Stablecoin,
which is part of a larger digital financial reform initiative.
This means:
• Cryptocurrency is no longer just a "transaction layer application"
• It is entering the realms of national debt, fiscal instruments, and sovereign credit
• Binance is beginning to deeply engage in "national-level financial infrastructure"
When a country chooses to put government bonds and reserves on-chain,
this is no longer speculation, but a reconstruction of the financial structure.$BTC
