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Pakistan allows Binance and HTX to operate, signs deal to tokenize $2B in assets, and advances digital currency plans.
Pakistan has granted Binance and HTX no objection certificates, allowing them to begin licensing processes and establish local operations under the new Pakistan Virtual Assets Regulatory Authority (PVARA), which is aligned with international anti-money laundering standards.
The country also signed a non-binding memorandum of understanding with Binance to explore tokenizing up to $2 billion in government assets, including bonds and commodities, aiming to boost liquidity, transparency, and foreign investment.
These moves are part of broader 2025 plans to launch a central bank digital currency pilot, implement a Virtual Assets Act, and expand digital finance infrastructure, reflecting Pakistan’s growing regulatory openness to blockchain innovation.
Pakistán permite que Binance y HTX operen, firma un acuerdo para tokenizar $ 2B en activos y avanza en los planes de moneda digital.