Pakistan has signed a memorandum of understanding with World Liberty Financial’s affiliated entity, SC Financial Technologies LLC, to develop frameworks for digital payments and cross-border transaction infrastructure. The government aims to integrate the country more deeply into global digital finance systems.
The MoU was signed during a meeting between Prime Minister Muhammad Shehbaz Sharif and a US-based delegation from World Liberty Financial led by Chief Executive Officer Zachary Witkoff. Finance Minister Muhammad Aurangzeb signed the agreement on behalf of Pakistan, while Zachary Witkoff represented World Liberty Financial. The signing was witnessed by the prime minister and Chief of Defence Forces and Chief of the Army Staff Field Marshal Syed Asim Munir. Deputy Prime Minister Mohammad Ishaq Dar, SAPM Syed Tariq Fatemi, and Pakistan Virtual Assets Regulatory Authority Chairman Bilal Bin Saqib were also present.
The agreement focuses on structured dialogue and technical cooperation around emerging digital payment architectures, including cross-border settlement and foreign exchange processes. During the meeting, the prime minister outlined the government’s digital economy agenda, emphasizing the rapid growth of digital payments and financial innovation as key drivers of Pakistan’s economic expansion. He noted that increasing international engagement reflects rising global interest in Pakistan’s digital financial markets and regulatory framework.
World Liberty Financial expressed interest in collaborating with Pakistan on secure and transparent digital payment systems, particularly targeting cross-border finance solutions. The company highlighted Pakistan’s supportive policy environment as conducive to innovation in digital finance.
This development comes as Pakistan seeks to modernize its payments ecosystem, expand digital financial inclusion, and attract foreign investment into fintech and virtual asset-related infrastructure. The MoU is expected to facilitate knowledge-sharing, enhance technical capabilities, and promote sustainable growth in Pakistan’s digital finance sector.
Through this partnership, Pakistan aims to strengthen its position in global digital finance, improve efficiency in cross-border transactions, and create a robust regulatory and technological framework that encourages further investment and innovation in the fintech ecosystem.
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