CZ Joins Pakistan’s Crypto Council: A Boost 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. This move signals Pakistan’s growing interest in embracing cryptocurrency. Key drivers behind this shift include a large unbanked population, significant remittance inflows, a predominantly young population, rising inflation, and currency devaluation.

CZ’s involvement plays a crucial role by:

Lending credibility to Pakistan’s crypto regulatory efforts

Offering access to global crypto expertise

Enhancing investor confidence, especially among international players and venture capitalists

His presence could pave the way for clearer regulations and faster adoption of digital assets in the country.