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Articles for tag: dollarpegged, financial, Liberty, pact, Pakistan, Signs, Stablecoin, Subsidiary, world

January 14, 2026

News Desk

Pakistan signs pact with World Liberty Financial subsidiary for dollar-pegged stablecoin

Finance Minister Muhammad Aurangzeb (right) and Zach Witkoff sign a memorandum of understanding on January 14, 2026 to explore innovation in digital finance. — X/@PakistanVARA The Ministry of Finance signs an agreement with SC Financial Technologies. The agreement will explore the “emerging digital payments architecture”: PVARA. World Liberty CEO Zach Witkoff in Pakistan for talks. ISLAMABAD: The federal government on Wednesday signed a memorandum of understanding (MoU) with SC Financial Technologies LLC, an associated entity of World Liberty Financial, to explore the use of World Liberty’s stablecoin for cross-border transactions. The Pakistan Virtual Asset Regulatory Authority (PVARA) said in a

January 14, 2026

News Desk

Pakistan signs crypto deal linked to Trump family to explore stablecoin payments

The finance minister says digital innovation will be pursued in line with regulations and the national interest Finance Minister Muhammad Aurangzeb signs MoU with SC Financial Technologies on 14 January. — Photo via X/@PakistanVARA Pakistan has signed an agreement with a company linked to World Liberty Financial, the main cryptocurrency business linked to US President Donald Trump’s family, to explore the use of a dollar-pegged stablecoin for cross-border payments, the government said on Wednesday. The Virtual Asset Regulatory Authority of Pakistan said it had signed a memorandum of understanding with SC Financial Technologies, which it described as an affiliate of

December 6, 2025

News Desk

Pakistan to launch first stablecoin, official says

Minister of State for Crypto, Blockchain and CEO of Pakistan Crypto Council Bilal Bin Saqib. Photo: X Pakistan is poised to enter the global digital financial arena with the launch of its first stablecoin, a move aimed at integrating virtual assets into the national economy, Bilal bin Saqib, chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA), announced on Friday. Speaking at Binance Blockchain Week, Saqib confirmed that the country will “definitely launch” a stablecoin, while also developing Central Bank Digital Currencies (CBDCs). “I think it’s a great way to secure public debt,” Saqib said. “We want to be at

December 5, 2025

News Desk

Bilal Bin Shakib Says Pakistan Will Launch Its ‘Own Stablecoin’

Chairman of the Virtual Asset Regulatory Authority of Pakistan, Bilal Bin Saqib, speaks at a panel discussion in Dubai, United Arab Emirates, December 5, 2025. — X/@cryptocouncilpk Stablecoin could be used to secure public debt: Bilal. Pakistan seeks to be at the forefront of digital innovation: the crypto czar. “Why should we be at the end of the line when we have muscle and adoption?” Pakistan is set to launch its own stablecoin as part of efforts to embrace digital financial innovation, Bilal Bin Saqib, Chairman of the Pakistan Virtual Asset Regulatory Authority (PVARA), announced on Thursday. According to CoinDesk,

July 19, 2025

News Desk

Trump signs Stablecoin Law as a cryptographic industry aims to adopt the main

US President Donald Trump signs Genius Law in the eastern room of the White House in Washington, DC, July 18 2025. – AFP Washington: US President Donald Trump signed a law on the creation of a regulatory regime for dollars known as Stablecoins, a milestone that could pave the way for digital assets to make daily to make payments and money. The bill, called the genius law, passed to the House of Representatives with a vote of 308 to 122, with almost half of the democratic members and most Republicans. Had previously been approved by the Senate. The law is

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