Binance to advise Pakistan on $2 billion asset tokenization as country prepares stablecoin launch
Pakistan’s Finance Ministry signed a non-binding MoU with Binance to explore the tokenization of sovereign bonds, treasury bills, and commodity reserves valued at up to $2 billion. The country’s Virtual Assets Regulatory Authority also granted preliminary clearances to Binance and HTX to begin local licensing processes. $BTC The moves follow Pakistan’s recent announcement that it plans to launch a national stablecoin as part of a broader digital finance overhaul.
Ethereum is among the poorest performers, having lost 4.5% of value and now sitting just inches above $3,000. Just a few days ago, ETH flew past $3,400 but met a violent rejection at that point. $BTC