Pakistan Appoints CZ as Crypto Adviser

Pakistan has appointed Changpeng Zhao, the founder of Binance, as a strategic adviser to the Pakistan Crypto Council (PCC).

This move is seen as a significant step in Pakistan's journey to integrate blockchain technology and digital assets into its financial landscape.

The appointment was announced during a meeting chaired by Finance Minister Muhammad Aurangzeb, with key government stakeholders in attendance.

Zhao also met separately with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar.

As a strategic adviser, Zhao will provide guidance on regulation, infrastructure, education, and adoption of crypto technologies in Pakistan.

This is part of Pakistan's broader vision to become a regional powerhouse for Web3, digital finance, and blockchain-driven growth.

The Pakistan Crypto Council was established to create a legal framework for crypto buying selling and attract international investment, as cryptocurrencies are currently not officially regulated but not illegal in Pakistan.

Zhao's involvement is expected to accelerate Pakistan's digital finance ambitions, leveraging his expertise as one of the most influential figures in the crypto industry.

Pakistan's large youth population, with over 60% under the age of 30, is seen as a significant advantage in this endeavor.

This appointment marks a landmark moment for Pakistan, signaling its openness to innovation and its intent to play a major role in the future of finance.

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