Senior Binance officials, including Global CEO Richard Teng, visited Islamabad to meet the country’s top leadership.
The Binance team met Prime Minister Shehbaz Sharif, Chief of Army Staff (COAS) and Chief of Defence Forces (CDF), Field Marshal Syed Asim Munir, NI (M), HJ, and Chairman of the Pakistan Virtual Assets Regulatory Authority, Bilal Bin Saqib.
During the meeting, the Prime Minister reaffirmed his strong commitment to digital asset regulations, while Bilal Bin Saqib briefed the leadership on his authority’s performance.
Governor State Bank of Pakistan (SBP), along with presidents and executives of Pakistan’s leading commercial banks and senior leadership from Binance, including Global CEO Richard Teng, participated in the discussion.
“The session reviewed Pakistan’s next steps toward building a secure, well-regulated, and innovation-driven digital asset ecosystem, with a particular emphasis on responsible operationalisation of on- and off-ramp infrastructure, enhanced compliance standards, improved market transparency, and stronger integration of regulated financial institutions,” the Finance Division said in a statement on Friday.
Binance is the largest cryptocurrency exchange in terms of daily trading volume of cryptocurrencies.
