Pakistan, Jan. 13 -- Pakistan has signed a memorandum of understanding with Binance to explore the tokenisation of up to $2 billion in sovereign assets, including government bonds, T-bills and commodity reserves. The move comes alongside initial regulatory clearances for Binance and HTX to begin the process of applying for local exchange licences, a sign that Islamabad wants to steer crypto-era money into formal, supervised channels.

Even as the spotlight stays on rule-making in Washington and Brussels, trading volumes and first-time users are increasingly turning toward emerging economies. Pakistan ranks third in the 2025 Chainalysis Global Crypto Adoption Index, reflecting the country's dense retail participation and widespread use of ...