Pakistan is stepping into a new era of digital finance with a major announcement. Changpeng Zhao (CZ), the founder of Binance, has officially joined the Pakistan Crypto Council (PCC) as a Strategic Advisor. His expertise will help shape Pakistan’s crypto future, guiding the country in creating strong regulations, improving digital infrastructure, and increasing blockchain adoption.
Meanwhile, this partnership shows Pakistan’s strong interest in Web3 and its goal to grow in crypto.
Pakistan Welcomes CZ for Crypto Expansion
The announcement came during CZ’s recent visit to Pakistan, where he met with top government officials. These included Finance Minister Senator Muhammad Aurangzeb, the Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Governor of the State Bank of Pakistan.
CZ also had private meetings with the Prime Minister and Deputy Prime Minister, showing the government’s strong interest in crypto and blockchain technology.
During the meeting, Finance Minister Aurangzeb stated that Pakistan is ready to adopt digital finance and blockchain, and CZ’s guidance will help the country grow in the Web3 space.
CZ’s Role in Pakistan’s Crypto Future
CZ believes that Pakistan has great potential in the crypto space. With over 60% of its population under the age of 30, the country has a young, tech-savvy generation ready to adopt new financial technologies.
As a Strategic Advisor, CZ will focus on:
- Helping the government develop clear and compliant crypto policies.
- Assisting in building a strong digital finance network.
- Promoting blockchain knowledge to increase adoption and innovation.
Strengthening Crypto’s Global Reach
This appointment comes just after CZ signed an agreement with the Kyrgyz Republic to boost blockchain adoption in the region. Both Pakistan and Kyrgyzstan are taking steps to integrate crypto into their economies, making them attractive destinations for blockchain investment.
As CZ continues to collaborate with governments worldwide, his role in shaping regulatory frameworks and enabling secure digital finance ecosystems remains crucial.
