In Pakistan, regulatory agencies such as the Securities and Exchange Commission of Pakistan (SECP) and the Federal Investigation Agency (FIA) continue to keep a close eye on cryptocurrency. Here is everything you need to know about the most recent advancements in 2025 if you trade cryptocurrencies or use sites like Binance.

FIA’s Action Against Binance and Fraud Cases

Since Binance was implicated in a significant scam in which hundreds of Pakistanis were duped by mobile apps that transferred money through Binance wallets, the FIA has continued to put pressure on the company. The FIA addressed letters to Binance’s management after looking into more than 26 blockchain wallet addresses connected to fraudulent activity.

In Pakistan, the agency is also keeping an eye on peer-to-peer (P2P) transactions conducted through Binance because of worries about money laundering and the funding of terrorism. As part of this crackdown, several individuals have complained that after receiving payments related to cryptocurrency, their bank accounts were suspended or their CNICs were blacklisted.

SECP’s Crackdown on Crypto Advertising

In the meantime, the SECP has firmly opposed surrogate advertising by online bookmakers and cryptocurrency businesses. It released new recommendations in 2025 cautioning companies from partnering with any cryptocurrency-related organizations on sponsorship or promotion.

Several websites and smartphone apps that pose as news or sports platforms are encouraging illicit bitcoin investments, according to the SECP. No cryptocurrency platform is yet regulated or authorized to operate in Pakistan, the commission has underlined.

What This Means for Crypto Users

• Binance and other platforms are still operational, but under increasing scrutiny.

• P2P trading may result in account blocks or investigation by FIA.

• Crypto advertising is restricted, and users should avoid engaging with unofficial promotions.