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CZ Joins Pakistan’s Crypto Council: What It Means for Crypto Adoption

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, has joined Pakistan’s newly established Crypto Council as a strategic advisor. His appointment signals a significant step in the country’s push toward embracing digital assets.

Pakistan is increasingly turning to crypto due to several key factors:

A large unbanked population

High volumes of remittance inflows

A predominantly young population

Soaring inflation and a devaluing currency

CZ’s involvement serves multiple strategic purposes:

Lends legitimacy to Pakistan’s crypto regulatory efforts

Provides access to global expertise

Boosts investor confidence, attracting international players and venture capital into the local crypto space

His presence could help pave the way for clearer regulations and broader adoption of digital assets in Pakistan.

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