Binance founder Changpeng Zhao, aka CZ, has been appointed strategic advisor to Pakistan's Crypto Council. This move aims to foster crypto innovation and adoption in the country. As advisor, CZ will provide guidance on ¹:
- Regulation: Shaping Pakistan's crypto regulatory framework
- Infrastructure: Developing a robust crypto ecosystem
- Education: Promoting crypto awareness and adoption
This appointment is a significant step in Pakistan's engagement with global crypto leadership, positioning the country as a key player in the Web3 ecosystem. The Pakistan Crypto Council was launched last month to regulate and integrate blockchain and digital assets into the financial system ².
Key Implications
- Web3 Growth: Pakistan aims to become a regional powerhouse for Web3, digital finance, and blockchain-driven growth
- Global Alignment: The country is aligning itself with crypto-forward nations like Singapore, Dubai, and Switzerland
- Economic Potential: Pakistan's young population (60% under 30) and growing Web3 developer community make it an attractive market for crypto innovation
This development has sparked optimism among industry experts, with some seeing it as a "game-changer" for Pakistan's digital transformation ¹.
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