World Liberty Financial, backed by Donald Trump and his family, has signed a major Letter of Intent with the Pakistan Crypto Council, marking a significant milestone for Pakistan’s expanding crypto industry. This partnership is set to fast-track the adoption of blockchain technology, decentralized finance (DeFi) protocols, and stablecoins across one of the world's most dynamic emerging markets.
Inside the Strategic Partnership
The collaboration outlines several key initiatives:
Establishing regulatory sandboxes to pilot blockchain-based financial products.
Promoting the use of stablecoins for cross-border remittances and trade.
Exploring the tokenization of real-world assets.
Supporting the growth of DeFi ecosystems across Pakistan.
The agreement was formalized during a high-level meeting attended by World Liberty Financial founders Zach Witkoff, Zak Folkman, and Chase Herro, alongside Bilal bin Saqib, CEO of the Pakistan Crypto Council. Senior government officials, including the central bank governor, finance minister, and IT secretary, were also present — underlining the partnership’s national importance.
The Rise of World Liberty Financial
Launched just last year with significant backing from the Trump family, World Liberty Financial has quickly become a key player in crypto lending and blockchain finance. Its political ties and international strategy give it a unique advantage as it expands into fast-growing markets like Pakistan By partnering with Pakistan, World Liberty Financial not only strengthens its global footprint but also positions itself at the heart of a rapidly evolving Asian crypto hub.
Pakistan’s Crypto Ecosystem: On the Fast Track
Pakistan’s cryptocurrency sector is booming. Chainalysis reports that Pakistan ranks ninth globally for crypto adoption, with an estimated 25 million active users and $300 billion in annual transactions.
With nearly 60% of its population under the age of 30, Pakistan’s young and tech-savvy demographic is fueling rapid digital innovation. Finance Minister Muhammad Aurangzeb commented:
"Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are unlocking new opportunities for investment, innovation, and global leadership in the blockchain economy."
Regulatory Shifts and Key Appointments
The Pakistan Crypto Council also recently made headlines by appointing former Binance CEO Changpeng Zhao (CZ) as an adviser. His global experience will be instrumental in shaping Pakistan’s emerging crypto-friendly policies.
In addition, Pakistan’s Federal Investigation Agency (FIA) introduced a draft crypto regulatory framework earlier this month. The framework is designed to combat terrorism financing, strengthen anti-money laundering (AML) controls, and enforce robust Know Your Customer (KYC) standards. Its phased rollout is scheduled to begin in 2026, aiming to strike a careful balance between fostering innovation and ensuring national security.
From Ban to Blockchain Leader: Pakistan’s New Crypto Vision
The current developments mark a dramatic shift from May 2023, when then-Finance Minister Aisha Ghaus Pasha vowed that Pakistan would "never legalize cryptocurrencies." Today, the government is embracing blockchain innovation with a clear goal of becoming a global crypto leader With strong international partnerships and experienced advisers like CZ, Pakistan is laying the foundation for a vibrant and sustainable digital economy.
Conclusion: A New Era for Crypto in Pakistan
The partnership between World Liberty Financial and the Pakistan Crypto Council marks a new chapter for both Pakistan and the global crypto ecosystem. By combining innovation, regulatory vision, and international expertise, Pakistan is positioning itself as a powerhouse for blockchain and DeFi growth in South Asia. World Liberty Financial’s involvement adds credibility and momentum to this exciting journey, setting the stage for long-term success.
By Rashid Sardar| April 29, 2025 | Crypto News, Daily Updates
