Overview
- The Ministry of Finance signed the MoU with SC Financial Technologies, an affiliate of World Liberty Financial, during a visit by CEO Zachary Witkoff.
- Finance Minister Muhammad Aurangzeb and Witkoff signed the agreement at a ceremony witnessed by Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.
- Officials describe the arrangement as exploratory, focusing on knowledge-sharing, risk assessment, and possible integration rather than immediate adoption or legal-tender status.
- The effort aligns with Pakistan’s digital finance agenda, including a planned central bank digital currency pilot, new virtual-asset rules, and recent NOCs for Binance and HTX.
- World Liberty’s USD1 stablecoin has featured in large transactions, including a $2 billion MGX purchase of Binance equity, while the project’s Trump family ties continue to draw scrutiny.