Pakistan Plans Crypto Overhaul With Binance Guiding New Rules
Pakistan’s Ministry of Finance announced on X in December that it is moving forward with a broad overhaul of the country’s digital asset regime, after government leaders met with top crypto executives. Binance is reported to be advising on the development of the new rulebook, indicating active industry participation in shaping standards for compliance, custody and market integrity.
Officials say the effort is designed to balance stronger regulation with space for innovation and wider access to financial services; clearer rules could attract investment, improve consumer protections and tighten AML/KYC controls. The ministry has not published a firm timeline, so stakeholders will be watching for draft regulations and public consultations that will determine how Pakistan’s crypto market evolves.