Binance Receives Anti-Money Laundering Registration in Pakistan, Will Provide Cross-Border Crypto Services

On December 12, Binance issued an update on its collaboration with Pakistan to advance digital asset innovation and regulatory development. Binance has secured Anti-Money Laundering (AML) registration under Pakistan’s Virtual Asset Regulatory Authority (PVARA) framework— a key milestone toward securing a full Virtual Asset Service Provider (VASP) license and local registration in the country. As part of a phased rollout, Binance will offer cross-border services under its AML registration prior to securing the full VASP license, while strictly complying with Pakistan’s regulatory roadmap requirements. Binance remains committed to supporting South Asia’s digital economy growth and looks forward to ongoing collaboration with regional regulators and stakeholders to build a robust, transparent, inclusive virtual asset ecosystem.