COINOTAG News reported on December 10 that a Memorandum of Understanding was signed in Abu Dhabi between Binance and JazzCash, the Pakistan‑based digital financial services platform backed by the VEON Group. The MoU establishes a preliminary framework to discuss collaborative efforts aimed at promoting the responsible development of virtual assets in the region within evolving regulatory guidelines.

Under the accord, the two parties plan to explore joint opportunities in education, public outreach, and the design of virtual asset solutions that align with regulatory requirements and market demand. This measured, compliance‑driven approach signals prudent innovation in digital finance across South Asia and the Middle East.