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Binance founder appointed Pakistan Crypto Council's strategic adviser...
Pakistan has limitless potential with 240 million people, including 60% under age of 30, says Zhao
Binance Founder Changpeng Zhao, known as CZ, has officially been appointed as a strategic adviser to the newly-formed Pakistan Crypto Council (PCC).
The announcement was made during Zhao's meeting with the PCC on Monday. The meeting was chaired by Finance Minister Senator M Aurangzeb and brought together key government stakeholders, including the Securities and Exchange Commission of Pakistan (SECP) chairman, the State Bank of Pakistan (SBP) governor, and the federal secretaries for Law and IT.
During his visit, Zhao, who is one of the most influential figures in Web3, also held separate meetings with Prime Minister Shehbaz Sharif and Deputy Prime Minister Senator Ishaq Dar, the Finance Division said in a statement.
Pakistan, a country that ranked 3rd in the Global Crypto Adoption Index, has 20 million active cryptocurrency users and $20bn + in crypto transactions.
Currently, the country ranks in the top 10 in terms of crypto adoption. With $35bn in annual remittances, the country is poised to benefit from crypto adoption.