Binance has secured AML registration under the Pakistan Virtual Asset Regulator Authority (PVARA) framework, marking progress toward a full Virtual Asset Service Provider (VASP) license. In a phased rollout, the exchange will initially offer cross-border services under its current registration while advancing through Pakistan’s regulatory roadmap to achieve full local registration and licensing, ensuring strict compliance with evolving rules.

The development reinforces Binance’s commitment to the regional digital economy in South Asia and underscores ongoing collaboration with regulators and stakeholders to establish a robust, transparent, and inclusive virtual asset ecosystem that prioritizes AML/compliance and risk management.