Islamabad: A Memorandum of Understanding was signed in Islamabad today to explore blockchain-based innovation for sovereign assets in Pakistan. The MoU was signed by Finance Minister Muhammad Aurangzeb and Co-CEO of Binance Co Ltd Richard Teng. CEO of Binance, Mr. Changpeng Zhao, was also present on the occasion.

According to Radio Pakistan, under the proposed arrangement, Binance and its affiliates may provide technical expertise, advisory support, training, and capacity building to enable Pakistan to assess modern, compliant blockchain infrastructure. The collaboration aims to explore secure and transparent digital platforms to facilitate broader participation by international investors, while fully respecting Pakistan’s regulatory framework and sovereign control.

This collaboration underscores Pakistan’s commitment to responsible financial innovation, strong governance, and compliance, and marks an important milestone in aligning the country’s financial ecosystem with evolving global best practices.