Pakistan signs MoU with US fintech for digital payments
MG News | January 14, 2026 at 04:19 PM GMT+05:00
January 14, 2026 (MLN): 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 seeks 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 of World Liberty Financial
led by its Chief Executive Officer Zachary Witkoff, according to the press
release.
The agreement focuses on structured dialogue and technical
cooperation around emerging digital payment architectures, including
cross-border settlement and foreign exchange processes.
Finance Minister Muhammad Aurangzeb signed the MoU 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.
During the meeting, the prime minister outlined the
government’s digital economy agenda, highlighting the rapid growth of digital
payments and financial innovation as key components of Pakistan’s economic
expansion.
He noted that increasing international engagement reflects
rising interest in Pakistan’s digital financial markets and regulatory
framework.
World Liberty Financial expressed interest in working with
Pakistan on secure and transparent digital payment systems, with a particular
focus on cross-border finance solutions.
The company cited Pakistan’s policy environment as
supportive of innovation in digital finance.
The agreement came as Pakistan works to modernize its
payments ecosystem, expand digital financial inclusion, and attract foreign
investment into fintech and virtual asset-related infrastructure.
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