Pakistan sign MoU wit Binance to explore $2B tokenisation and one national stablecoin

Pakistan finance ministry don sign one non-binding MoU with Binance to explore tokenizing up to $2 billion of state-owned assets — including sovereign bonds, treasury bills and commodity reserves (oil, gas, metals) — and to advise on proposed national stablecoin. The MoU put Binance tayda for advisory work on blockchain-based issuance, secondary trading and real-world asset (RWA) tokenisation; e dey exploratory, non-exclusive and e need formal contracts, cabinet approval and compliance with Pakistani law within six months. Separately, Pakistan virtual-asset authority don give preliminary AML no-objection clearances to Binance and exchange HTX, make dem fit register with anti-money-laundering systems and prepare full licence applications under the new regulatory framework, though full operations still restricted. Officials talk say dem want improve liquidity, transparency and foreign investor access to sovereign and commodity-linked assets. For traders: tokenisation and national stablecoin fit raise demand and liquidity for tokenised government securities and fiat-pegged assets, improve counterparty risk if strong AML/CFT controls dey, and boost sentiment for stablecoin markets and regional trading pairs. Risks include regulatory delays, phased licensing we fit limit short-term liquidity, legal and sovereign-risk linkage of tokenised instruments, and execution uncertainty because MoU no be binding.