Binance And HTX Get Regulatory Nod To Operate In Pakistan
6 Articles
6 Articles
Pakistan Taps Binance to Explore $2B Tokenization Push and National Stablecoin
What Does Pakistan’s MoU With Binance Cover? Pakistan’s finance ministry has signed a non-binding memorandum of understanding with Binance to explore tokenizing as much as $2 billion worth of government assets, including sovereign bonds, treasury bills and commodity reserves such as oil, gas and metals. The arrangement allows Binance to advise on blockchain-based distribution models but requires definitive agreements within six months and full r…
Binance And HTX Get Regulatory Nod To Operate In Pakistan – Details
Pakistan’s Virtual Assets Regulatory Authority has issued “No Objection Certificates” (NOC) to Binance and HTX, allowing both platforms to begin formal steps to operate inside the country. Related Reading: UAE Telecom Powerhouse Embraces Dirham Stablecoin In New Payment Trial The clearances do not amount to full licenses. They instead permit preparatory work such as registering […]
Binance And HTX Get Regulatory Nod To Operate In Pakistan
Pakistan’s Virtual Assets Regulatory Authority has issued “No Objection Certificates” (NOC) to Binance and HTX, allowing both platforms to begin formal steps to operate inside the country. The clearances do not amount to full licenses. They instead permit preparatory work such as registering with the country’s anti-money-laundering system and setting up local units before full license applications are filed, reports disclosed. Tokenization Deal …
HTX Receives Official NoC In Pakistan To Start Licensing Process
HTX, a popular crypto exchange, has announced a landmark development in worldwide licensing efforts. Hence, the Pakistan Virtual Asset Regulation Authority (PVARA) has granted HTX a No Objection Certificate (NoC). As the platform revealed in its official press release, the development places HTX among the earliest crypto exchanges to start the official licensing procedure in Pakistan. Additionally, the move indicates a substantial advancement to…
Pakistan Clears Binance, HTX for Initial Operations as Virtual Assets Regulator Issues First NOCs
Copyright protected content copied from PhoneWorld website. The Pakistan Virtual Assets Regulatory Authority (PVARA) has issued No Objection Certificates (NOCs) to global crypto platforms Binance and HTX, marking a significant step toward establishing a regulated digital asset market in the country. The move forms part of Pakistan’s phased approach to building a compliant framework for virtual asset service providers (VASPs). According to PVARA,…
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