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

Changpeng “CZ” Zhao, co-founder and former CEO of Binance, has been appointed as a strategic advisor to Pakistan’s newly established Crypto Council. His involvement marks a significant step as the country embraces digital assets amidst growing economic challenges.

Pakistan’s pivot toward crypto is driven by several key factors:

A large unbankedpopulation

High volumes of remittance inflows

A predominantly young demographic

Soaring inflation and ongoing currency devaluation

CZ’s role as an advisor is expected to serve multiple purposes:

Lend credibility to Pakistan’s emerging crypto regulatory framework

Provide access to global expertise in blockchain and digital finance

Inspire investor confidence, particularly from international Vs and crypto players

His presence could pave the way for more structured crypto adoption and regulatory clarity in the region.