Pakistan takes a bold step into the cryptocurrency and blockchain industry as the government moves to adopt Web3 technologies in a regulated and forward-looking manner. In an important milestone, Binance, the world’s largest cryptocurrency exchange, has partnered with the country to tokenize up to $2 billion of sovereign assets, paving the way for global liquidity and economic revitalization.
Key Highlights of Pakistan’s Web3 Adoption
On December 12, 2025, a pivotal meeting between Pakistan’s Finance Minister Muhammad Aurangzeb, Binance CEO Richard Teng, and Binance founder Changpeng Zhao (CZ) culminated in the signing of a non-binding Memorandum of Understanding (MoU). This agreement is focused on tokenizing sovereign assets to leverage blockchain technology for economic growth.
According to Bilal Bin Saqib, Pakistan’s Minister of Blockchain and Crypto, this strategic move aims to regulate and mainstream blockchain adoption for the benefit of Pakistan’s 240 million citizens. With a youth-driven population—70% under the age of 30—the country is well-positioned to establish itself as a hub for blockchain innovation.
Unlocking Economic Potential
Pakistan ranked third on the 2025 Chainalysis global adoption index, just behind India and the United States. This demonstrates the country’s growing engagement with cryptocurrency and blockchain technology.
Bilal Bin Saqib highlighted that over 100 million Pakistanis remain unbanked. Blockchain-based digital assets, including Bitcoin and altcoins, offer these individuals an accessible and inclusive alternative to traditional banking systems.
Moreover, Pakistan benefits from having over 20GW of cheap electricity, which could be used to support cryptocurrency mining or train artificial intelligence (AI) models. This surplus energy serves as a significant competitive advantage for driving blockchain and AI technologies.
A Message from Binance
Changpeng Zhao (CZ), Binance’s founder, praised Pakistan’s initiative, stating, “This is a great signal for the global blockchain industry and for Pakistan. It will impact the country’s future and technology-savvy generation in a very positive way.”
Boost Your Crypto Journey
If you’re exploring the world of cryptocurrency, consider using Binance’s platform to begin your journey. Binance offers a seamless way to trade cryptocurrencies, stake assets, and learn crypto basics on Binance.com.
Pioneers like Pakistan remind us that blockchain isn’t just about technology—it is a gateway to financial inclusion and economic transformation. Keep an eye on Pakistan as it positions itself at the forefront of the global blockchain movement.