Pakistan

Pakistan has signed an agreement with a firm tied to World Liberty Financial to explore using its dollar-pegged stablecoin (WLFI) for cross-border payments, a source said. The move aims to test faster, cheaper remittances and FX settlement.

Former Binance CEO Changpeng Zhao praised Pakistan’s rapid crypto adoption in 2025 and said the country is on track to become a global cryptocurrency leader by 2030.

Pakistani authorities say they dismantled a $60 million international crypto fraud network and arrested over 34 suspects linked to multiple unregulated trading schemes. The operation aimed at operators and facilitators of illicit crypto platforms.

Pakistan has signed an MOU with Binance to tokenize $2 billion in state assets as it moves to fast‑track a formal cryptocurrency regulatory framework, Reuters reports. The plan aims to use blockchain to broaden access and speed distribution of public assets, but details and oversight remain unclear.

Pakistan's virtual assets authority has given preliminary approval for Binance and HTX to register, set up local subsidiaries and begin preparing full exchange license applications. The move starts a formal pathway for the exchanges to seek permission to operate under Pakistan's regulatory framework.

A Pakistani minister said Bitcoin and blockchain should underpin a new, compliant financial system, aiming to channel grassroots crypto use into a regulated, innovation-focused industry. The comments signal a possible shift toward clearer digital-asset rules and greater institutional engagement.

Pakistan is advancing a national digital asset framework with Binance advising on new rules to create a secure, transparent ecosystem aimed at boosting regulation, innovation and financial inclusion.