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Binance, the world’s leading cryptocurrency exchange by trading volume and users, has entered a strategic partnership with Pakistan’s Fauji Foundation. The two organizations signed a Letter of Intent (LOI) in Islamabad to explore collaboration in blockchain, cryptocurrency, payments, and Web 3.0 technologies across Pakistan.
Under the LOI, Binance will provide its expertise, advisory support, and industry insights, while Fauji Foundation will work with Binance to develop a digital asset-based payment infrastructure.
The partnership also aims to:
- Promote cryptocurrency and blockchain education through their academic initiatives
- Equip Pakistani youth with skills to navigate the emerging sector
- Encourage responsible and informed use of crypto, blockchain, and Web 3.0 services
The signing ceremony took place at the Fauji Foundation Head Office in Rawalpindi. The LOI was signed by Brigadier Irfan Khan (Retired), Secretary of the Committee of Administration, and Richard Teng, CEO of Binance. The event was attended by Lieutenant General Anwar Ali Hyder (Retired), MD & CEO of the Fauji Foundation, Bilal Bin Saqib MBE, Chairman PVARA, and Changpeng Zhao, Adviser to the Pakistan Crypto Council.
By combining Binance’s global experience with Fauji Foundation’s local reach, the partnership seeks to strengthen both technology adoption and financial literacy in the country.
