Raising Pakistan's Flag in the Global Crypto Industry Within Just Fifty Days
According to an APP report, a press release from the Ministry of Finance stated that the Pakistan Crypto Council (PCC) was launched on March 14, 2025. Yet, in this short span, the organization has achieved such milestones that global observers and critics alike have been astonished. This is not merely the success of one institution, but a living example of vision, speed, and action at the state level.
While most government institutions remain limited to memorandums of understanding (MOUs) and roundtable conferences for years, the PCC has not only implemented plans but also elevated Pakistan’s presence in the global crypto industry.
A significant development on the global stage was the announcement that drew the world’s attention to Pakistan: Binance founder Changpeng Zhao (CZ) has been appointed as a strategic advisor to the council.
CZ is the individual who founded the world's largest crypto exchange, and at times his personal wealth has exceeded $100 billion. Appointing such a global figure as a state-level advisor is an extraordinary advancement for a developing country like Pakistan.
Interestingly, no other country in the region, not even India, has achieved such success. Another surprising development is PCC’s partnership with the Trump-backed blockchain initiative. PCC signed a letter of intent with World Liberty Financial (WLF), a U.S.-based blockchain project backed by former U.S. President Donald Trump.
The delegation included Zechariah Utkoff, the son of American real estate tycoon Steve Utkoff and a former member of the Middle East Peace Team.
This partnership aims to promote stablecoins, decentralized finance (DeFi), and cross-border blockchain infrastructure in Pakistan. This is the first such agreement between a Pakistani institution and a U.S. blockchain project.
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