The Article Tells The Story of:
- Binance founder CZ joins Pakistan Crypto Council — what’s the hidden agenda?
- Government, banks, and regulators unite behind crypto — is a digital finance revolution coming?
- Pakistan eyes a spot beside Dubai and Singapore in Web3 — can it really get there?
- 20 million crypto users, $35B remittances — is Pakistan about to explode onto the blockchain map?
Strategic Move Signals Shift in Pakistan’s Digital Finance Landscape
Changpeng Zhao, the founder of Binance and one of the most recognized names in global crypto, has officially joined the Pakistan Crypto Council (PCC) as a strategic adviser. This appointment marks a key moment for Pakistan as it aims to become a leader in digital finance, blockchain, and Web3 technologies.
The announcement was made following Zhao’s meeting with the PCC on a Monday, where Finance Minister Senator Muhammad Aurangzeb chaired a high-level discussion involving top government figures. These included the Chairman of the Securities and Exchange Commission of Pakistan (SECP), the Governor of the State Bank of Pakistan (SBP), and the federal secretaries for Law and IT.
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Key Support from Government
Zhao, widely known as CZ, also met with Prime Minister Shehbaz Sharif and Deputy Prime Minister Senator Ishaq Dar. These meetings reflect strong government support for cryptocurrency and blockchain development.
Finance Minister Aurangzeb called the appointment a “landmark moment” for Pakistan. He stated that the country is ready to attract global attention and accelerate its goals for becoming a regional hub for blockchain and Web3 technology.
“We are sending a message to the world: Pakistan is ready for innovation,” said Aurangzeb. “With CZ on board, we are working faster to become a key player in digital finance.”
Bilal Bin Saqib, the CEO of PCC, echoed this view. He praised Zhao’s experience and leadership, calling him the right person to guide Pakistan through this transformation. “No one understands the crypto space better than CZ,” said Saqib. “His knowledge will help us shape a system that includes everyone and follows global standards.”
Focus on Youth and Innovation
Zhao highlighted Pakistan’s strong potential during his visit. With a population of 240 million and over 60% under the age of 30, Pakistan has the right mix of scale and youthful energy to benefit from blockchain and Web3. He said, “The opportunities here are huge. With the right tools and support, Pakistan can lead in this space.”
The PCC, formed last month under the Finance Division, is leading this change. Its core goal is to create a safe, open, and innovative digital finance system. With CZ as an adviser, the council will focus on areas like regulation, education, infrastructure, and crypto adoption.
Council Structure and Plans
The council includes key members from Pakistan’s economic and tech sectors. The Finance Minister serves as Chairman, while members include the SBP Governor, SECP Chairman, and secretaries from Law and IT. This structure ensures strong collaboration between government departments.
Bilal Bin Saqib, already active in the international blockchain scene, is also a key figure in this plan. He has represented Pakistan at major events like NFT NYC, ETH Barcelona, and Token 2049. His global experience will help align local strategies with international trends.
Crypto Adoption Already Rising
Pakistan is already making progress in crypto. The country ranks in the global top 10 for crypto adoption and placed 3rd in the Global Crypto Adoption Index. It has over 20 million active crypto users and has seen over $20 billion in crypto transactions.
Pakistan also receives $35 billion annually in remittances. Experts believe blockchain can improve the speed and safety of these money transfers, making crypto adoption even more valuable for the economy.
What’s Next for Pakistan’s Crypto Push?
Zhao’s appointment signals the start of a new phase. The focus now shifts to building the tools, laws, and education systems needed to support digital finance. PCC aims to create a structure where businesses and individuals can use blockchain in a safe and legal way.
Although challenges remain, the support from both government and global experts puts Pakistan in a strong position. The next steps include creating clear policies and building public trust. With over 60% of the population being young and tech-savvy, the path forward looks promising.
Pakistan’s bold move to bring CZ on board could place it next to countries like Singapore, Dubai, and Switzerland, which have already made big progress in Web3. The country’s size, energy, and financial needs give it a unique chance to lead the way in crypto growth.
Final Thoughts
By appointing CZ as strategic adviser, Pakistan shows its serious intent to embrace digital innovation. This move is more than just a headline — it reflects a national plan to build a strong and competitive future in blockchain and Web3. With smart leadership and continued investment, Pakistan could soon be one of the top global destinations for digital finance.
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