Binance Advances Crypto Agenda in Pakistan with Two MoUs and Visit to National Crypto Council

Dubai, 18th April 2025: Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, has signed two strategic Memorandums of Understanding (MoUs) in Pakistan, coinciding with a high-level visit that included discussions with the newly formed National Crypto Council. The MoUs, signed with the National Institute for Blockchain & Crypto at the University of Management and Technology and Lahore University of Management Sciences, underscore a shared commitment to advancing education, research, and community engagement in the blockchain space. These partnerships aim to accelerate the development of Pakistan’s digital asset ecosystem and support long-term national growth in the sector.

The agreements align with the Government of Pakistan’s vision of establishing a regulatory framework for the sector that protects investors and the financial system while leveraging Binance’s global industry expertise.

The MoU between Binance and the National Institute of Blockchain & Crypto at the University of Management and Technology (UMT) is centered on delivering comprehensive education and certification programs through Binance Academy. This partnership will provide students and professionals with access to cutting-edge resources and training in blockchain and cryptocurrency technologies, fostering skill development in the region’s rapidly growing field.

In a separate MoU, Binance has partnered with Lahore University of Management Sciences (LUMS) to expand blockchain and crypto-related educational offerings. This agreement will facilitate the development of specialized course certifications that focus on the practical applications of blockchain technology. Additionally, the partnership will lead to the creation of co-developed workshops and seminars, bringing together academic excellence and industry expertise to offer students and professionals deeper insights into blockchain and cryptocurrency trends.

While visiting Pakistan to discuss the future of the nation’s digital asset landscape with the National Crypto Council, Rachel Conlan, Global Chief Marketing Officer at Binance, and Bader Kalooti, Regional Growth & Operations Lead for Binance MENASAT met with Federal Minister for Finance & Revenue of the Government of Pakistan – Muhammad Aurangzeb, Law and Justice Secretary of the Government of Pakistan – Raja Naeem Akbar, Governor of the State Bank of Pakistan – Jameel Ahmad, Secretary for IT and Telecom for the Government of Pakistan – Zarrar Hasham Khan, and Chairman SECP – Akif Saeed.

Bilal Bin Saqib, CEO of the Pakistan Crypto Council, said, “Our youth needs to be educated on these emerging technologies. I am happy to see actionable steps being taken in the right direction. We welcome all partners who align with our vision for innovation, transparency, and responsible growth. Pakistan is open for business, and we are focused on creating an environment where this technology can thrive within our financial and economic systems.”

Rachel Conlan, Global Chief Marketing Officer, Binance, commented on the milestone, “These MoUs go beyond partnership, they represent an investment in knowledge, opportunity, and the future. Pakistan’s thriving crypto community has demonstrated the nation’s interest in the sector, and we’re excited to deepen our relationship with the United Crypto Council to support education and thoughtful regulation in the region. Binance is proud to align with the country’s forward-looking vision and to contribute to national development through the power of education.”

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. It’s trusted by more than 260 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: binance.com