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๐ต๐ฐ Binance Takes a Major Step Toward Full Regulation in Pakistan ๐
Big developments for Pakistanโs crypto ecosystem. Binance has officially secured AML registration under Pakistanโs Virtual Assets Regulatory Authority (PVARA) framework, marking an important milestone in the countryโs journey toward a regulated and transparent digital asset market.
This achievement represents more than just a registration. It is a foundational step toward full Virtual Asset Service Provider (VASP) licensing and local incorporation in Pakistan, aligning Binance with the nationโs evolving regulatory roadmap.
๐ Why this matters:
โข โ AML Registration Secured โ Strengthening compliance, transparency, and user protection โข ๐ฃ๏ธ Clear Path to Full Licensing โ Laying the groundwork for long-term regulated operations โข ๐ค Phased Regulatory Approach โ Enabling AML-registered cross-border services while preparing for full local licensing โข ๐ Policy Engagement โ Binance leadership has actively engaged with key Pakistani policymakers to support responsible innovation and regulatory clarity
This step reflects Binanceโs long-term commitment to building trust, enhancing compliance standards, and supporting sustainable Web3 growth in Pakistan and across South Asia.
With a young, tech-savvy population and growing interest in digital assets, Pakistan is positioned to become a key player in the global crypto economy. Moves like this bring the industry closer to legitimacy, stability, and broader adoption.
๐ The future of crypto in Pakistan is getting brighter.
Thirtyโfour days complete โ proof that discipline compounds like blocks in a blockchain.
๐น In crypto, every block adds trust to the chain. ๐น In life, every habit adds strength to the journey. ๐น Success is built step by step, day by day.
Iโm proud to keep stacking knowledge and discipline, one block at a time. The streak is alive ๐
$BTC $ETH $BNB ๐ Market & Price Moves: ๐ต๐ฐ Pakistan Makes Big Crypto Move: Pakistan signs an MoU with Binance to explore tokenizing up to $2 billion of sovereign assets (government bonds, T-bills etc.), a major step toward regulated digital assets and liquidity growth. โฝ Tetherโs โฌ1.1B Bid for Juventus: Stablecoin giant Tether has made a โฌ1.1 billion all cash offer for Juventus FC, stirring crypto finance crossover headlines but Juventus says itโs not for sale. ๐ Altcoin/Market News: XRP price dipped after launching on a rival blockchain, marking sell side pressure. โ๏ธ Regulatory & Legal Events: ๐ Do Kwon Sentenced to 15 Years: TerraUSD and Luna co founder Do Kwon has been sentenced to 15 years in prison for fraud, over the $40 billion crash tied to his projects a major legal precedent in crypto accountability. ๐๏ธ Ripple & Banking Status News: Ripple Corp may be moving closer to regulatory clarity with conditional U.S. OCC approval, raising questions about its banking role and institutional use of XRP. โ๏ธ OneCoin Linked Lawyer Cleared: A UK lawyer tied to OneCoin an infamous crypto fraud cleared of disciplinary charges signaling ongoing legacy issues in crypto legal accountability. ๐ Miscellaneous Crypto Developments: ๐ Pakistan And Binance Tokenization MoU: The Binance agreement also includes initial regulatory clearance to start setting up local exchange operations a step toward broader crypto integration in Pakistan. โ ๏ธ Fraud & Scams: A fake crypto investment racket busted in Agra, India, with one key suspect arrested for duping 1,500 investors a reminder of ongoing scam risks.
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