Past:
Pakistan’s relationship with crypto has been shaky at best—ranging from interest and adoption among the youth to regulatory uncertainty and outright bans. While $BTC and $ETH gained traction among retail users, lack of clear policy stifled institutional growth.
Present:
Things might be changing. The appointment of the former #Binance CEO as an advisor to the Pakistani government is a signal. It suggests a shift from fear to understanding. This isn’t just a name drop—it’s expertise at the table. With Pakistan facing economic challenges, the crypto sector could offer fresh capital, jobs, and tech innovation—if handled right.
Future:
This move could trigger the framework Pakistan desperately needs: regulation that protects users without killing innovation. We might see licensing regimes, local exchanges gaining legal clarity, and cross-border partnerships. #Web3, $DeFi, and even #CBDCs could find space in Pakistan’s digital economy.
Conclusion:
If leadership follows through, Pakistan could go from crypto-skeptic to a rising hub in South Asia. But without execution, it’s just headlines.