The Pakistani government is rapidly advancing its Web3 adoption strategy through a major collaboration with Binance, aiming to tap into global liquidity to boost its national economy.
On December 12, 2025, an important non-binding Memorandum of Understanding (MoU) was signed between Finance Minister Muhammad Aurangzeb and Binance CEO Richard Teng (with Changpeng Zhao/CZ present). Under this agreement, Binance will assist Pakistan in tokenizing up to $2 billion in sovereign assets, providing the country with access to international investment streams. CZ remarked that this partnership is a significant positive signal for Pakistan's future and its technology-focused demographic.
Pakistan's Minister of Blockchain and Crypto, Bilal Bin Saqib, confirmed the government's strong desire to legalize the Web3 industry to revitalize the local economy. He highlighted that over 70% of Pakistan’s 240 million citizens are under the age of 30, and with over 100 million people currently unbanked, crypto and Bitcoin offer a crucial financial solution for a vast segment of the population.
Saqib assured investors that regulatory clarity is a top priority to ensure smooth, mainstream adoption of Web3. Pakistan already shows high crypto interest, ranking 3rd globally in Chainalysis' 2025 adoption index, following India and the United States. Furthermore, the nation possesses over 20GW of cheap, excess electricity, which presents a valuable opportunity for Bitcoin mining or training AI models.
December 2025, Cryptoniteuae