CZ Joins Pakistan’s Crypto Council: A Major Step Toward Crypto Adoption
Changpeng "CZ" Zhao, the co-founder and former CEO of Binance, has joined Pakistan’s newly established Crypto Council as a strategic advisor. His inclusion marks a significant move as Pakistan looks to embrace crypto more seriously.
Several factors are driving Pakistan’s interest in cryptocurrency: a large unbanked population, high levels of remittance inflows, a youth-dominated demographic, and growing economic challenges such as inflation and currency devaluation.
By bringing CZ on board, Pakistan gains more than just a well-known name in the crypto world. His role helps in several ways:
It lends legitimacy to Pakistan’s crypto regulatory efforts,
Provides access to global crypto expertise,
Boosts investor confidence among international players and venture capitalists,
And could lead to clearer, more structured crypto policies in the country.
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