Pakistan has taken a major step toward regulating digital assets by opening the door for leading global platforms to seek operating approval. According to officials, Pakistan allows Binance, HTX to start applying for crypto exchange licences, marking the beginning of a formal framework for cryptocurrency trading in the country.
This decision follows months of internal discussions on how to manage the rapid growth of crypto activity. Authorities want to introduce a controlled environment that can support innovation while reducing risks linked to money laundering, scams, and illegal cross-border transfers. By allowing major platforms to apply for licences, Pakistan aims to bring digital asset trading under official oversight for the first time.
Under the new policy, all exchanges must meet strict requirements on transparency, user protection, and financial reporting. The government will review applications in multiple stages to ensure that only compliant firms receive approval. Officials said the goal is to create a secure and trusted crypto ecosystem that benefits consumers and the broader economy.
Industry experts believe the move will attract international interest and boost investor confidence. The exact keyword “Pakistan allows Binance, HTX to start applying for crypto exchange licences” signals that the country is ready to engage with recognized global players instead of pushing the market underground. This may help shift trading activity from informal channels to regulated platforms.
Local traders expect that once licensed exchanges begin operating, users will get better security, improved customer service, and safer transaction processes. However, they also anticipate tighter oversight and clearer rules on taxes, reporting, and asset movement.
For now, Binance, HTX, and other potential applicants must submit documentation, demonstrate compliance, and undergo background checks. Approval is not guaranteed, but the government has made it clear that Pakistan’s crypto market will no longer function without regulation.
The announcement that Pakistan allows Binance, HTX to start applying for crypto exchange licences represents an important shift in national policy. It shows Pakistan’s intention to balance technological progress with strong regulatory safeguards, setting the stage for a more organized digital finance sector.
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