Najd Gateway Seeks Full Control of Samba Bank Pakistan
December 6, 2025
Pakistan convened a high-level meeting with Binance CEO Richard Teng, government officials, and banking leaders to advance its National Digital Asset Framework. The session focused on regulation, compliance, and innovation to position Pakistan as a regional leader in responsible digital asset adoption.
Read more: Pakistan and US Forge Strategic Crypto Policy Partnership
Pakistan has taken a decisive step toward building a regulated digital asset ecosystem through a landmark meeting at the Finance Division. Federal Finance Minister Senator Muhammad Aurangzeb and PVARA Chairman Bilal Bin Saqib MBE co-chaired discussions with the State Bank Governor, presidents of major banks, and Binance’s global leadership, including CEO Richard Teng.
The meeting centered on creating a secure and transparent framework for digital assets, prioritizing responsible on- and off-ramp infrastructure, stronger compliance standards, and integration with regulated financial institutions. Plans for a licensing regime for Virtual Asset Service Providers were reviewed to align with global anti-money laundering and counter-terrorism financing standards.
Richard Teng shared insights on global digital asset trends, highlighting Pakistan’s potential role in blockchain adoption. Participants explored how blockchain could reduce costs in Pakistan’s $38 billion remittance flows and emphasized the importance of nurturing local talent in Web3 and blockchain skills.
Other proposals included sovereign debt tokenization to boost liquidity, taxation frameworks, and incentives to shift users toward regulated platforms. Banking leaders contributed perspectives on risk management and custody, while Aurangzeb stressed that regulation would enhance stability and attract investment.
The meeting concluded with a commitment to collaboration, positioning Pakistan as a regional pioneer in digital asset innovation.
