Skip to main content
See every side of every news story
Published loading...Updated

Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets

  • On Dec 12, Pakistan's finance ministry signed an MoU with Binance, crypto exchange, to explore tokenisation of up to $2 billion in sovereign bonds, T-bills and commodity reserves to boost liquidity and attract investors.
  • The move follows a rapid digital-finance overhaul that created the Pakistan Crypto Council, established the Virtual Assets Regulatory Authority, and plans a CBDC pilot and Virtual Assets Act for 2025.
  • Tokenisation converts assets into digital tokens, including sovereign bonds, T-bills, and commodity reserves, and Binance founder Changpeng Zhao said it is `a great signal for the global blockchain industry and for Pakistan`.
  • VARA issued initial clearances allowing Binance and HTX to register on the Anti-Money Laundering system and prepare full licence applications, while Chair Bilal bin Saqib said this starts Pakistan's phased licensing process.
  • The MoU aligns Pakistan with global licensing shifts as the UAE, Japan and parts of the EU expand formal crypto licensing, and Pakistan ranks third by retail crypto activity, Saqib said earlier this week at Binance Blockchain Week Dubai 2025.
Insights by Ground AI

34 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 45% of the sources are Center, 44% of the sources lean Right
45% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

TechJuice broke the news in on Friday, December 12, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal