SabitX

Binance (the global crypto exchange and blockchain ecosystem) and Fauji Foundation (one of Pakistan’s largest conglomerates) have signed a Letter of Intent (LOI) to explore a commercial collaboration focused on:
Blockchain technology
Cryptocurrency and digital payments
Web3 ecosystem opportunities in Pakistan
Education & skills development in crypto and blockchain for Pakistani youth through their academic wings.
The LOI was signed on 12 December 2025 in Islamabad/Rawalpindi, and the signing parties include senior leaders from both organizations.
🤝 Focus Areas of the Partnership
According to the statements from the Pakistan Crypto Council and media reporting:
1. Blockchain & Crypto Adoption
Joint exploration of blockchain-based solutions and crypto-related commercial opportunities in Pakistan.
Developing payment infrastructure that may leverage digital assets.
2. Education & Capacity Building
Plans to promote understanding of blockchain, cryptocurrencies, Web3, and responsible digital asset use across Pakistan through training programs.
3. Advisory Support & Market Insights
Binance brings global industry expertise and technology guidance.
Fauji Foundation brings local institutional reach and infrastructure.
⚠️ Important Notes
This LOI is not yet a binding contract — it expresses intent to explore collaboration and potential projects, with further details to be developed.
There’s no regulatory license granted yet for full crypto operations in Pakistan, but recent related developments include Pakistan granting NOCs to Binance and HTX to start working toward regulated crypto operations under the Pakistan Virtual Assets Regulatory Authority (PVARA).
📍 Why It Matters for Pakistan
This move signals a growing institutional interest in crypto and blockchain within Pakistan’s mainstream economy, bringing together:
A major global crypto player (Binance)
A large national conglomerate (Fauji Foundation)
Government support for regulated digital asset frameworks (e.g., NOCs, tokenisation initiatives)
This could eventually impact education, payment systems, and investor engagement with digital assets — but full implementation details and regulatory approvals are still pending.

📉 Payment Method Changes (EU & Global)
• Binance will suspend some card and payment services from Dec 29 (e.g., Visa/Mastercard deposits/withdrawals) due to changes with payment processors — users can still use SEPA bank transfers.
💼 Local Pakistan Context
• Pakistan’s Virtual Assets Regulatory Authority (PVARA) clarified that the No-Objection Certificates (NOCs) for Binance & HTX are not full approvals yet, but a first step in a phased, supervised entry.
• Some local figures (e.g., former finance minister) have raised questions about transparency of the $2 billion tokenization deal process.
• Binance and the Fauji Foundation signed a Letter of Intent to develop crypto education & blockchain payments in Pakistan.
🔧 Technical & Exchange Moves
• Binance has added support for the BNB Smart Chain network upgrade (hard fork) ensuring continuity for users.
• Other reports point to possible moves toward stock-linked perpetual contracts based on API hints.
📊 Market Content
• Binance published insights on institutional interest in XRP spot ETFs vs Bitcoin/Ether flows.
• Also released research on broader crypto market trends.
#BinanceVisaCard

The exchange Binance has announced that it will delist KDA spot trading and that withdrawals will continue until 2026-01-12 03:00 UTC on the community-maintained chain.
After that date/time (2026-01-12 03:00 UTC) you will no longer be able to withdraw KDA from Binance.
Deposit support is already suspended (or will be) so you cannot bring new KDA to Binance for withdrawal later.
The underlying chain of Kadena reportedly is facing operational challenges: one report notes the public chain team announced suspension of operations, leaving only miners/community to maintain.
🔍 Your possible actions
Since you hold KDA (assuming on Binance) and withdrawals are supported until 2026-01-12 03:00 UTC, here’s what you can do:
Withdraw to your own wallet: Move your KDA from the exchange into a wallet that supports KDA (on the chain that Binance supports for withdrawal). This gives you custody and control.
Convert / sell: If possible, you could convert or sell your KDA for another cryptocurrency (or fiat) before the delisting/withdrawal cut-off. Once spot trading is removed, liquidity and price may decline sharply.
Check chain compatibility: Make sure your wallet supports the community-maintained version of the KDA chain that Binance is using for withdrawals. If you send to a wallet that does not support that chain you may risk losing access.
Act sooner rather than later: Delisting and withdrawal deadlines typically compress liquidity, increase risk of loss or technical issues. Given the 2026-01-12 deadline, it’s wise not to wait until the last minute.
Understand risk of chain risk: Given reports of the original team ceasing operations, the chain may degrade or forks may happen. Even if you withdraw, the future value or utility of the tokens could be very uncertain.
⚠️ Things to watch / caveats
Just because Binance supports withdrawals until 2026-01-12 doesn’t guarantee that all other exchanges, wallets, or services will continue to reliably support KDA after that date.
After delisting and the withdrawal deadline, there may be no or very limited means to convert/sell your KDA — you could be stuck.
Technical risks: chain splits, support dropped for wallets, missing tools, or your funds could become illiquid or inaccessible.
Price risk: tokens of this nature (delisted, uncertain support) often suffer severe price declines.
✅ What you can do with KDA now:
1. Withdraw
Move your Kadena (KDA) from Binance to a wallet that supports KDA, such as:
eckoWALLET
Koala Wallet
Tangem (hardware wallet)
2. Convert / Sell
If your exchange still allows it, you can convert KDA into another coin (USDT, BTC, etc.) before delisting.
⚠️ Important
After 2026-01-12, Binance will stop withdrawals, so withdraw or convert before this date.
Kadena project is shutting down, so future support is uncertain. Better to decide early.