1. Binance Coin ($BNB ) Hits New All-Time High
Binance Coin surged to a record $907, surpassing its previous peak of $900. The jump was driven largely by Binance’s new partnership with Franklin Templeton, a major investment firm.
2. Volume Drops Despite Price Strength
Although $BNB s price rallied, the 24-hour trading volume dropped about 20%. Traders are showing caution. Technically, $BNB is still bullish: it's trading above its moving averages (MA-20, MA-50, MA-200), but some indicators (RSI, ADX etc.) suggest it might be overbought in the short term.
3. Delisting Alert from Binance
Binance has announced that several tokens will be removed from its spot trading pairs in September 2025: BAKE (BakeryToken), HIFI (Hifi Finance), and SLF (Self Chain). Key deadlines:
Trading stop: September 17, 2025 – 03:00 UTC
Deposits close: September 18
Withdrawals open until: November 17
If you hold any of these tokens, you’ll need to withdraw or convert them before the deadlines to avoid issues.
🇵🇰 Pakistan & Binance-Related Regulatory Moves
4. Pakistan’s Crypto Regulation Progressing
The 2018 SBP ban/advisory on crypto being handled by banks/entities is being withdrawn. Crypto will no longer be banned in the same way.
Pakistan is planning to launch its own digital rupee (CBDC), though with restrictions. It looks like it will be state-controlled, used in certain fintech or remittance scenarios, not fully open for payments or all crypto investments.
The Virtual Assets Act 2025 has been introduced, setting up the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee licensing, compliance etc.
5. Binance & Pakistani Market
Discussions and speculations around PKR (Pakistani Rupee) being supported more fully on Binance are in the community.
Pakistan’s adoption and regulatory interest in crypto are rising due to these legal/regulatory changes.
✅ What This Means / Key Takeaways
The price of BNB going up significantly shows strong market sentiment and institutional interest (Franklin Templeton is a big name).
But the drop in trading volume shows that some caution is still present. Markets may be waiting for more confirmation.
If you hold tokens that are being delisted, you need to act before the deadlines.
For Pakistani users: regulatory clarity is improving. It could lead to more legal, safer options to trade and invest in crypto. But limitations are likely to remain (e.g., what you can’t do with digital rupee or crypto payments).
