Binance Inks Education-Focused MoUs in Pakistan Amid Push for Crypto Regulation
Binance, the global blockchain powerhouse and operator of the world’s largest cryptocurrency exchange, has entered into two strategic Memorandums of Understanding (MoUs) in Pakistan, marking a significant step in its engagement with the country’s emerging digital asset sector.
These MoUs, signed during a high-level visit that included meetings with Pakistan’s newly established National Crypto Council, reflect a joint effort to foster blockchain education, research, and community building.
Minister of Pakistan, Rachel Conlan, Chief Marketing Officer Binance and Mr. Bilal Bin Saqib, CEO Pakistan Crypto
Council.
The agreements were finalized with the National Institute for Blockchain & Crypto at the University of Management and Technology (UMT), and Lahore University of Management Sciences (LUMS), with the goal of propelling Pakistan’s digital finance ecosystem and supporting the country’s long-term economic development.
Associate Professor at LUMS & Director LUMS Learning Institute, Dr. Zartash Uzmi, Professor at LUMS & Principal
Investigator CEDAR and Dr. Basit Shafiq, Professor at LUMS & Co-Principal Investigator CEDAR
Seated from left to right: Humza Usama Khan, Regional Ops Binance and Dr. Ali Cheema, Vice Chancellor LUMS
The collaborations align with Pakistan’s broader ambition to create a regulatory framework that safeguards investors and the financial system, while drawing on Binance’s global expertise in blockchain innovation.
Through its MoU with UMT’s National Institute for Blockchain & Crypto, Binance will roll out robust education and certification programs via Binance Academy. The initiative will provide students and working professionals with access to cutting-edge learning resources and training in blockchain and crypto, supporting the region’s growing need for technical expertise.
Meanwhile, the agreement with LUMS will expand academic offerings related to blockchain and cryptocurrencies. This includes the creation of specialized certifications focused on real-world blockchain applications, as well as co-hosted workshops and seminars that blend academic rigor with real-world insights from Binance’s industry experts.
During the visit, Binance’s Global Chief Marketing Officer Rachel Conlan and Bader Kalooti, Regional Growth & Operations Lead for Binance MENASAT, held talks with several key government officials. These included Muhammad Aurangzeb, Federal Minister for Finance & Revenue; Raja Naeem Akbar, Secretary of Law and Justice; Jameel Ahmad, Governor of the State Bank of Pakistan; Zarrar Hasham Khan, Secretary for IT and Telecom; and Akif Saeed, Chairman of the Securities and Exchange Commission of Pakistan (SECP).
Commenting on the development, 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 also emphasized the significance of the initiative, stating:
“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.”
