#Binance founder Changpeng Zhao, popularly known as CZ, has been appointed Strategic Adviser to the Pakistan Crypto Council.
This development marks a significant milestone in Pakistan's journey to embracing blockchain, Web3, and digital finance.
Key Highlights of CZ's Appointment
- Strategic Guidance: CZ will provide guidance on regulation, infrastructure, education, and adoption of crypto technologies in Pakistan.
- High-Level Meetings: He met with key government officials, including Finance Minister Senator Muhammad Aurangzeb, SECP Chairman, State Bank Governor, and Federal Secretaries for Law and IT.
- Pakistan's Vision: The country aims to become a regional powerhouse for digital finance and blockchain-driven growth.
Pakistan's Crypto Ambitions
- Youth Potential: With over 60% of its 240 million population under 30, Pakistan sees immense potential for innovation and growth.
- Regulatory Framework: The government is working to develop a clear regulatory framework for digital assets.
- Foreign Investment: CZ's appointment is expected to attract international investment, leveraging Pakistan's low-cost, high-growth market and Web3-native workforce.
Impact and Expectations
- Digital Transformation: The partnership is poised to accelerate Pakistan's digital transformation and innovation in the financial sector.
- Global Competitiveness: With CZ's expertise, Pakistan aims to create a compliant, inclusive, and globally competitive crypto ecosystem.
