BinanceSquare $USDC #BitcoinGoogleSearchesSurge Binance has made significant progress in Pakistan, obtaining Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA). This is a crucial step towards full licensing and local incorporation in Pakistan. Binance Co-CEO Richard Teng met with Pakistani officials to discuss regulatory clarity and innovation in digital assets

The exchange has also signed a memorandum of understanding (MoU) with Pakistan to explore tokenization of up to $2 billion in sovereign bonds, T-bills, and commodity reserves. This aims to boost liquidity, transparency, and international market access

Binance is available to Pakistani citizens, offering features like selling USDT and withdrawing PKR to bank accounts. However, cryptocurrency trading in Pakistan exists in a legal grey area, with financial institutions prohibited from processing crypto transactions