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CZ Joins Pakistan's Crypto Council as Strategic Advisor
Changpeng Zhao (CZ), co-founder and former CEO of Binance, has been appointed as a strategic advisor to Pakistan's newly formed Crypto Council. This landmark decision marks a significant step in Pakistan’s journey toward embracing cryptocurrency and blockchain technology.
A Strategic Appointment: CZ Joins the Pakistan Crypto Council
In April 2025, Pakistan’s Ministry of Finance officially announced CZ's appointment to the Pakistan Crypto Council (PCC), a regulatory body established to guide the nation’s digital asset strategy. As an advisor, CZ will help shape cryptocurrency regulation, support infrastructure development, and promote adoption across the country.
With years of experience in the global crypto space, CZ is expected to provide valuable insights that will aid in creating a secure and forward-thinking regulatory environment.
Why Pakistan Is Turning to Crypto
Pakistan’s increasing interest in cryptocurrency stems from several key factors:
Financial Inclusion: Nearly 100 million Pakistanis remain unbanked. Cryptocurrencies present a powerful alternative, enabling secure transactions without reliance on traditional banks.
Remittance Optimization: With over $30 billion received annually in remittances, blockchain can streamline cross-border transfers, cutting costs and improving efficiency.
Young, Tech-Savvy Population: Over 60% of Pakistan’s 240 million citizens are under 30, making it an ideal market for crypto innovation and adoption.
Economic Pressures: Amid inflation and currency devaluation, many see digital assets as a hedge against financial instability.
Impact of CZ’s Advisory Role
CZ’s involvement is expected to deliver several benefits:
Global Credibility: His international reputation brings legitimacy to Pakistan’s crypto initiatives, drawing attention from global stakeholders.
Expert Guidance: With his leadership, Pakistan can align its crypto regulations with international standards and best practices.
Boosted Investor Confidence: CZ’s presence may encourage both domestic and foreign investment in Pakistan’s emerging crypto industry.
Clear Regulatory Path: His expertise can help develop transparent and adaptive policies that foster innovation and responsible growth.
Looking Ahead
Pakistan’s decision to bring CZ on board as a strategic advisor signals its dedication to integrating digital assets into its financial ecosystem. By harnessing blockchain technology, the country aims to tackle economic challenges, expand financial access, and position itself as a leader in the regional digital economy.
As Pakistan continues building its crypto infrastructure and regulatory frameworks, CZ’s guidance will play a key role in navigating the complexities of the evolving global crypto landscape.
Read the full story on Cointelegraph
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