**CZ Joins Pakistan’s Crypto Council: Implications for Crypto Adoption**
Changpeng "CZ" Zhao, co-founder and former CEO of Binance, has taken on a strategic advisory role in Pakistan’s newly established Crypto Council. This move highlights Pakistan’s growing interest in cryptocurrency, driven by factors such as:
- A large unbanked population
- Significant remittance inflows
- A youth-dominated demographic
- Rising inflation and currency devaluation
CZ’s involvement brings several advantages:
- **Enhanced legitimacy** for Pakistan’s crypto regulatory efforts
- **Access to global expertise** in blockchain and digital assets
- **Increased investor confidence** from international players and venture capitalists
His advisory role could pave the way for clearer regulations and greater adoption of crypto in Pakistan.