Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Commodity Zero-Fee Gala
Fasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with HabibFasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with Habib

Fasset Partners with Habib Rafiq Limited to Revolutionize Digital Investment and Financial Inclusion in Pakistan

Author: CryptoReporter
Source: CryptoReporter
2026/02/19 23:37
2 min read
Major
MAJOR$0.05945-3.52%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Fasset, an American-founded digital banking and investment platform, announced its plans to enter the Pakistani market through a strategic partnership with Habib Rafiq Limited (HRL) at a high-profile event in Islamabad, signaling a major shift in how global capital interacts with Pakistani assets.

The gathering drew an influential crowd of senior government officials, business leaders, and digital economy stakeholders. Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication, attended as a Chief Guest, along with Jahanzaib Zahid, Vice Chairman, HRL Group, Raafi Hossain, CEO and Co-Founder of Fasset, senior government officials, business leaders, international organizations, embassy representatives, celebrities, and key influencers from across Pakistan.

Unlocking the “Hidden” Trillions

The partnership aims to bridge the gap between global investors and Pakistan’s massive untapped asset pool. Key initiatives of the collaboration include:

  • Asset Tokenization: Creating digital pathways to invest in Pakistan’s $1.5 trillion real estate and domestic asset market.
  • Empowering the Gig Economy: Providing real-time, low-friction payout solutions for Pakistan’s freelancers – the world’s 4th largest freelance workforce.
  • Foreign Direct Investment (FDI): Streamlining the flow of global capital into local projects through transparent, blockchain-enabled infrastructure.

Speaking at the event, Mohammad Raafi Hossain, CEO and Co-Founder of Fasset, said: “Our mission is to enable 100 million people globally to own their wealth. Pakistan represents one of the most dynamic and high-potential markets, and this partnership with Habib Rafiq Limited will help connect global capital with Pakistani opportunity, ensuring that Pakistan’s digital workforce and domestic assets are accessible to the world.”

Jahanzaib Zahid, Vice Chairman, HRL Group, added: “This collaboration opens new doors for overseas Pakistanis and global investors alike. By combining HRL’s deep-rooted physical infrastructure with Fasset’s digital expertise, we are building a transparent, accessible future for Pakistani investments..”

Speaking at the event, Shaza Fatima Khawaja, Federal Minister for IT & Telecommunication, said: “Pakistan’s digital economy is at a defining moment, powered by a young, skilled, and globally competitive workforce. As our freelancers and tech professionals continue to earn and export at scale, it is essential to build financial infrastructure that enables them to securely receive, manage, and reinvest their income. Partnerships like this highlight the role of innovation and international collaboration in expanding financial inclusion, attracting investment, and strengthening Pakistan’s position in the global digital economy.”

The post Fasset Partners with Habib Rafiq Limited to Revolutionize Digital Investment and Financial Inclusion in Pakistan appeared first on Crypto Reporter.

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.05945
$0.05945$0.05945
-1.84%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

The Federal Reserve cut interest rates by 25 basis points, and Powell said this was a risk management cut

PANews reported on September 18th, according to the Securities Times, that at 2:00 AM Beijing time on September 18th, the Federal Reserve announced a 25 basis point interest rate cut, lowering the federal funds rate from 4.25%-4.50% to 4.00%-4.25%, in line with market expectations. The Fed's interest rate announcement triggered a sharp market reaction, with the three major US stock indices rising briefly before quickly plunging. The US dollar index plummeted, briefly hitting a new low since 2025, before rebounding sharply, turning a decline into an upward trend. The sharp market volatility was closely tied to the subsequent monetary policy press conference held by Federal Reserve Chairman Powell. He stated that the 50 basis point rate cut lacked broad support and that there was no need for a swift adjustment. Today's move could be viewed as a risk-management cut, suggesting the Fed will not enter a sustained cycle of rate cuts. Powell reiterated the Fed's unwavering commitment to maintaining its independence. Market participants are currently unaware of the risks to the Fed's independence. The latest published interest rate dot plot shows that the median expectation of Fed officials is to cut interest rates twice more this year (by 25 basis points each), one more than predicted in June this year. At the same time, Fed officials expect that after three rate cuts this year, there will be another 25 basis point cut in 2026 and 2027.
Share
PANews2025/09/18 06:54
SEC Approves Generic Listing Standards for Crypto ETFs

SEC Approves Generic Listing Standards for Crypto ETFs

In a bombshell filing, the SEC is prepared to allow generic listing standards for crypto ETFs. This would permit ETF listings without a specific case-by-case approval process. The filing’s language rests on cryptoassets that are commodities, not securities. However, the Commission is reclassifying many such assets, theoretically enabling an XRP ETF alongside many other new products. Why Generic Listing Standards Matter The SEC has been tacitly approving new crypto ETFs like XRP and DOGE-based products, but there hasn’t been an unambiguously clear signal of greater acceptance. Huge waves of altcoin ETF filings keep reaching the Commission, but there hasn’t been a corresponding show of confidence. Until today, that is, as the SEC just took a sweeping measure to approve generic listing standards for crypto ETFs: “[Several leading exchanges] filed with the SEC proposed rule changes to adopt generic listing standards for Commodity-Based Trust Shares. Each of the foregoing proposed rule changes… were subject to notice and comment. This order approves the Proposals on an accelerated basis,” the SEC’s filing claimed. The proposals came from the Nasdaq, CBOE, and NYSE Arca, which all the ETF issuers have been using to funnel their proposals. In other words, this decision on generic listing standards could genuinely transform crypto ETF approvals. A New Era for Crypto ETFs Specifically, these new standards would allow issuers to tailor-make compliant crypto ETF proposals. If these filings meet all the Commission’s criteria, the underlying ETFs could trade on the market without direct SEC approval. This would remove a huge bottleneck in the coveted ETF creation process. “By approving these generic listing standards, we are ensuring that our capital markets remain the best place in the world to engage in the cutting-edge innovation of digital assets. This approval helps to maximize investor choice and foster innovation by streamlining the listing process,” SEC Chair Paul Atkins claimed in a press release. The SEC has already been working on a streamlined approval process for crypto ETFs, but these generic listing standards could accomplish the task. This rule change would rely on considering tokens as commodities instead of securities, but federal regulators have been reclassifying assets like XRP. If these standards work as advertised, ETFs based on XRP, Solana, and many other cryptos could be coming very soon. This quiet announcement may have huge implications.
Share
Coinstats2025/09/18 06:14
South Korea Halts Trading as Global Markets Plunge

South Korea Halts Trading as Global Markets Plunge

The post South Korea Halts Trading as Global Markets Plunge appeared on BitcoinEthereumNews.com. The Korean Stock Exchange was forced to halt trading after the
Share
BitcoinEthereumNews2026/03/05 07:04