PakistanCryptoRevolution

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Pakistan Embraces Crypto Future with the Launch of Pakistan Crypto Council

April 10, 2025 — Islamabad: In a bold and forward-looking move, the Government of Pakistan officially launched the Pakistan Crypto Council (PCC) in March 2025, marking a major milestone in the country’s digital financial landscape. This council has been established with the primary goal of regulating and promoting blockchain technology and digital assets, as Pakistan positions itself to harness the potential of the global crypto economy.

As per the official announcement, the PCC will be chaired by Federal Minister for Finance, Muhammad Aurangzeb, and will include key figures such as the Governor of the State Bank of Pakistan, the Chairperson of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretaries for IT and Law.

The Council’s mandate is to formulate national crypto policy frameworks, create a transparent legal structure, and enable a secure environment for digital asset investments and blockchain startups. This step comes amid growing awareness of crypto’s role in global financial systems, and Pakistan’s booming digital economy, which has witnessed billions of US dollars’ worth of crypto transactions annually.

A Global Collaboration: Binance CEO Joins as Advisor

In a surprising and strategic decision, Pakistan has nominated Binance CEO Richard Teng as an official advisor to the Pakistan Crypto Council. His inclusion is expected to provide international expertise and help Pakistan align its crypto regulations with global best practices.

Teng’s role will focus on advising the PCC on security frameworks, consumer protection measures, and the integration of blockchain technologies across financial, trade, and governance sectors. His experience with regulatory negotiations in markets like Dubai, Singapore, and Europe is likely to accelerate Pakistan’s journey towards a legalized, regulated crypto environment.

A Need for Regulation Amid Mass
With cryptocurrency already being widely traded in Pakistan — unofficial estimates suggest crypto transactions worth billions of US dollars annually — legalizing and regulating this sector was inevitable. The PCC aims to foster innovation, combat illegal activities like money laundering, and attract foreign investments in the country’s crypto economy.

The creation of the council reflects a clear government acknowledgment that crypto is no longer a fringe technology but a significant player in global finance. It also addresses longstanding concerns about the unregulated nature of digital currencies in Pakistan, especially amid rising cases of financial fraud and cybercrime.

Looking Ahead

The formation of the Pakistan Crypto Council represents a hopeful step for tech entrepreneurs, digital rights advocates, and investors eager to participate in the digital economy. It aligns with the growing global recognition of blockchain’s potential to revolutionize sectors like supply chain management, digital identity, governance, and decentralized finance (DeFi).

For continuous updates on Pakistan’s crypto policies, blockchain projects, and digital rights developments, you can follow resources like the Digital Rights Foundation, their research, and other tech governance initiatives.

Pakistan’s move is a reminder that the future of money and finance is digital — and the country is now officially part of that conversation.

One of the advisors of Pakistan's new Crypto Council is Changpeng “CZ” Zhao, who is also a Binance founding member and ex-CEO as well. This move is great for the country’s initiatives to adopt blockchain and crypto technology. 🌐
CZ Joins as Advisor: A Game-Changing Decision 💡
With the appointment of the co-founder of Binance as a strategic advisor to the Pakistan Crypto Council (PCC), they have taken one step forward towards international crypto leadership. This announcement came after the state bank and securities exchange commission meeting with the finance minister, Senator Muhammad Aurangzeb.

Promoting the development of regulations 📜, infrastructure 🏗️, public-private cooperative education 🤝, and fostering innovative initiatives are some of the steps expected from CZ towards steering the country during his advisory.
The Importance of Crypto in Pakistan
Pakistanis are most interested in crypto these days for several reasons, including:
A Growing Crypto User Base 📊
This puts Pakistan on the map as a potential regional hub for Web3 and digital assets innovation. The estimate is around 15–20 million cryptocurrency users in the country and interest in digital banking and decentralized finance is increasing.
Government-Led Regulatory Push 🏛️
In March 2025, the PCC or Pakistan Crypto Council was formed, which comprises major lawmakers such as the Finance Minister Muhammad Aurangzeb. Along with him are the Governor of the State Bank, the SECP chairman, and the secretaries of IT, law, and federal officers. They all have the responsibility of formulating crypto regulations that align with the objectives of the globe.
Attracting Investment and Driving Growth 💡
Legalization of cryptocurrencies will enable the country to attract foreign investment, enhance economic growth, and catalyze blockchain adoption in different sectors of the economy.

🌐 Impact of CZ’s Role as Strategic Advisor
CZ’s appointment is expected to bring several key advantages to Pakistan’s crypto landscape:
Strengthening Credibility 🌍: His global presence and influence lend legitimacy to Pakistan’s crypto ambitions, encouraging broader trust from both local participants and international observers.
Guiding with Global Insight 🌐: With deep experience in building crypto infrastructure worldwide, CZ can help shape policies that align with global best practices and evolving industry standards.
Boosting Investor Trust 💼: His involvement may reassure venture capitalists and institutional investors, opening the door to greater funding and strategic partnerships in the country’s digital asset space.
Enabling Regulatory Clarity 📜: CZ’s guidance is likely to support the development of transparent and innovation-friendly regulations, helping Pakistan create a stable foundation for crypto adoption and blockchain growth.
What’s Next For PCC? 🚀
Having the guidance of CZ, the PCC is in the best position to pursue Pakistan’s cryptocurrency policies in the JC strategy, which aims to place the country at the forefront of cryptocurrency innovations. The nation needs to first implement policies to establish Pakistan as a powerhouse of digital finance by drafting comprehensive cross-sector regulations. These policies, alongside promoting multi-sector collaboration, will allow crypto industry development.

For More Info: 👇
https://cointelegraph.com/news/pakistan-appoints-changpeng-zhao-crypto-adviser
#BinancePakistan #CZinPakistan #PakistanCryptoRevolution #PakistanCryptoLegal

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