Binance and Pakistan Partner to Advance Digital-Asset Innovation and Regulatory Development

Binance and Pakistan Partner to Advance Digital-Asset Innovation and Regulatory Development

2025-12-12

Main Takeaways

• Binance is making meaningful regulatory progress in Pakistan following high-level meetings with government officials.

• We have now obtained AML registration under the Pakistan Virtual Assets Regulatory Authority (PVARA), marking a key step toward full local licensing.

• This development strengthens our collaboration with Pakistani regulators to build a transparent, secure, and innovative digital-asset ecosystem.

We are pleased to share an important update in our ongoing efforts to support responsible digital-asset growth across South Asia. Following strategic engagements between Binance senior leadership and Pakistani officials, we’ve made significant progress in agreeing that clear, forward-looking regulation is key to fostering innovation, protecting users, and unlocking virtual assets’ potential. Binance Co-CEO Richard Teng’s discussions with policymakers advanced conversations on regulation, industry standards, and blockchain’s future in Pakistan.

A major outcome from these ongoing engagements is Binance’s successful acquisition of Anti-Money Laundering (AML) registration under the Pakistan Virtual Assets Regulatory Authority (PVARA). This is a significant milestone that brings us one step closer to full Virtual Asset Service Provider (VASP) licensing and local incorporation.

This phased approach allows us to begin providing AML-registered cross-border services to Pakistani users while we continue working closely with PVARA toward full authorization. It aligns with Pakistan’s regulatory roadmap and reflects our long-term commitment to supporting the country’s digital economy.

A Shared Vision for Transparent and Inclusive Growth

Throughout the visit, our leadership team and Pakistani officials exchanged views on regulatory clarity, transparency, and the development of a safe digital-asset market. We appreciate the thoughtful and constructive engagement from the government, which shows Pakistan’s dedication to building a modern, resilient regulatory environment.

Richard Teng, Co-CEO of Binance, shared his reflections on the progress made: “We are proud to continue our collaboration with PVARA to build a robust, transparent, and inclusive virtual asset ecosystem. Together, we share a commitment to unlocking the potential of blockchain technology for millions of Pakistanis and beyond.”

Bilal Bin Saqib, Chairman of PVARA, expressed strong support for the partnership: “Our ongoing partnership with Binance continues to strengthen as we work together to build a transparent and innovative future for digital assets in Pakistan.”

He added that the recent meeting highlighted the positive regulatory progress Binance is making through the AML registration and licensing process – an important step forward in advancing the shared vision.

Supporting the Region’s Digital Transformation

South Asia continues to be one of the world’s most dynamic regions for digital and financial innovation. Pakistan, with its rapidly digitizing economy and large population, is poised to benefit significantly from secure, well-regulated access to blockchain technologies.

At Binance, our mission is to help build this foundation responsibly. Strengthening compliance, enhancing transparency, and working hand-in-hand with partners like PVARA are essential to ensuring long-term success and user trust.

We remain deeply committed to supporting Pakistan’s progress in digital finance. The advances made this week reflect our strong belief that meaningful collaboration between regulators and industry can accelerate innovation while upholding the highest standards of consumer protection.

Final Thoughts

We thank PVARA and all involved stakeholders for their partnership and constructive dialogue. Together, we are laying the groundwork for a digital asset ecosystem that is safe, inclusive, and built for the future.

We look forward to continued collaboration and to supporting Pakistan as it takes the next steps in its digital transformation.

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Binance Academy Partners With Pakistan's Ministry of IT and Telecom to Revolutionize Blockchain Education

2025-05-29

Main Takeaways

• Binance Academy is launching a partnership with Pakistan’s Ministry of Information Technology and Telecommunication to provide blockchain education in the country.

• The initiative is expected to empower 300 educators to reach 80,000 students across 20 universities by 2026.

• The partnership aims to create a robust pipeline of blockchain talent in Pakistan, preparing students to contribute to both local and global tech ecosystems by integrating blockchain education into university curricula.

Blockchain technology is reshaping industries worldwide, and Binance Academy is at the forefront of this digital revolution. We're thrilled to announce a strategic partnership with Pakistan's Ministry of IT and Telecom (MoITT) aimed to advance blockchain education across the nation. This collaboration will empower educators and students with highly relevant knowledge and skills, fostering a new generation of blockchain professionals in Pakistan.

A Landmark Partnership for Pakistan's Digital Future

Set to launch in the coming months, this initiative is designed to become a powerful catalyst for change, contributing to the strengthening of the Web3 workforce in Pakistan and beyond. By 2026, we aim to:

• Train 300 educators in blockchain engineering

• Reach 80,000 students across 20 leading universities in Pakistan

• Create a robust pipeline of blockchain talent ready to contribute to local and global tech ecosystems.

This ambitious project aligns with the objectives of the Global University Outreach Program (GUOP), the world's largest Web3 educational initiative. Launched through a strategic collaboration between Binance Academy and the Blockchain & AI Technology Center (BAITC), the GUOP integrates blockchain education into university curricula worldwide.

Empowering Educators Through Intensive Training

The program is designed to provide a holistic understanding of blockchain development, covering BNB Chain fundamentals, key Web3 concepts, and Solidity development principles. It will equip participants with the tools to independently teach blockchain curricula to their students and award certificates of completion to both professors and students.

"As blockchain reshapes the global financial landscape, empowering people with the right skills is essential to unlocking its potential," said Bader Al Kalooti, MEASA Head of Growth and Operations at Binance. "Our collaboration with the Ministry of IT and Telecom in Pakistan marks a significant step toward building a knowledgeable workforce ready to drive innovation and foster growth in the digital economy."

Accelerating Pakistan's Digital Transformation

This partnership is a significant step in Pakistan's journey toward digital transformation. Investing in education not only enhances individual career prospects but also contributes to the nation's economic growth.

The Minister of IT and Telecom, Ms. Shaza Fatima Khawaja, expressed strong support for the program, stating: "This partnership marks an important milestone in the country’s digital transformation. It contributes to economic growth and positions Pakistan as a global source of skilled blockchain talent. By joining forces with the world’s leading crypto exchange, Binance, along with the Blockchain & AI Technology Center, we are equipping our students with cutting-edge knowledge, preparing them to shape the future of the digital economy and strengthen Pakistan’s presence in the global tech landscape."

Binance Academy's Commitment to Global Education

Since 2022, Binance Academy has empowered over 3,000 students across 13 universities in three provinces in Pakistan with market-ready Web3 skills through dedicated training initiatives. This new partnership amplifies our commitment to fostering digital literacy and blockchain proficiency on a much larger scale.

The Global University Outreach Program began its journey in 2023 with a pioneering pilot in Kazakhstan and has since expanded to 20 countries. With the ambitious goal of reaching over 200 universities across 50+ countries, the program aims to educate more than one million students by 2026.

Final Thoughts

As we roll out this program, we'll keep the Binance community updated with the latest developments, success stories, and opportunities to get involved. 

By aligning with local standards and supporting the education of future leaders, we aim to contribute to a well-regulated, consumer-protective digital landscape that advances Pakistan's position in the evolving global digital economy.

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