Pakistan’s Trump-linked crypto MoU lacks binding commitments
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New Delhi: Pakistan’s Finance Ministry signed a memorandum of understanding (MoU) with SC Financial Technologies LLC on 14 January, an affiliate of World Liberty Financial linked to the family of U.S. President Donald Trump, to explore the use of stablecoins for cross-border payments, according to official statements.
The agreement was signed by Finance Minister Muhammad Aurangzeb and World Liberty Financial chief executive Zach Witkoff, and is intended to examine digital finance innovation within Pakistan’s regulatory framework.
Pakistani officials described the MoU as building on earlier engagements with the company and positioned Pakistan as a participant in the global digital finance landscape and a global…
