Binance partners with Fauji Foundation to boost Pakistan’s crypto ecosystem

Binance x Fauji Foundation will support promotion of cryptocurrency and blockchain education
An undated image. — Binance/Fauji Foundation Pakistan/Canva
An undated image. — Binance/Fauji Foundation Pakistan/Canva

Binance signed a Letter of Intent (LOI) with Fauji Foundation, in Islamabad to explore potential commercial partnership on blockchain, cryptocurrency, payments, and Web 3.0 ecosystem within Pakistan.

As part of the LOI, Binance will emplace its expertise, advisory support, and technological and market insights on the crypto industry, and Fauji Foundation will partner with the world’s leading global blockchain ecosystem and cryptocurrency exchange on payment infrastructure solutions utilising digital assets.

Both companies will support promotion of cryptocurrency and blockchain education through their academic divisions, reaching learners across Pakistan. 

There goal is to give skills to young people needed to work in the industry and to help them become responsible, well-informed users of blockchain, cryptocurrency, payments, and Web 3.0 products and services.

The LOI was signed at the Fauji Foundation Head office, by the Secretary of Committee of Administration Brigadier (ReTd) Irfan Khan, and Binance CEO Richard Teng, in the presence of Fauji Foundation MD & CEO Lieutenant General (ReTd) Anwar Ali Hyder, PVARA Chairman Bilal Bin Saqib, and Pakistan Crypto Council Adviser Changpeng Zhao.