CZ Joins Pakistan’s Crypto Council: What This Means for Crypto Adoption
Former Binance CEO Changpeng Zhao “@CZ ” has officially been appointed as strategic adviser to Pakistan’s newly launched Crypto Council, as confirmed by Pakistan’s Finance Ministry and reported by Bloomberg on April 7. CZ has years of crypto leadership as a CEO of world #1 crypto exchange. Such a well experienced person can unlock the potential of digital assets for a country.
Pakistan Gets Serious About Crypto
After years of regulatory issues, #Pakistan has finally legalized crypto. The Crypto Council, led by Bilal bin Saqib is building a clear regulatory framework. According to Saqib, “Pakistan is done sitting on the sidelines.”
Why CZ’s Appointment Matters
CZ isn’t just a crypto man, he is leading the crypto world. His strategic experience from building Binance into the world’s largest crypto exchange can help Pakistan:
Design practical, investor-friendly regulationsAttract global capital and blockchain infrastructurePosition itself as a regional Web3 leader
A Strategic Market
Pakistan ranks 9th in #Chainalysis ’ 2024 crypto adoption index for the Central and Southern Asia and Oceania (CSAO) region. The country’s young, Web3-native population makes it a natural fit for digital innovation. It is just like
Demand for Stablecoins and Remittance Use
With the rupee’s volatility, stablecoins have quietly become essential. A 2023 survey revealed 33% of Pakistani crypto users hedge against currency devaluation. And as formal remittance flows rise, blockchain rails can make them faster and cheaper.
Crypto as Economic Infrastructure
Pakistan's high-growth, low-cost environment offers the best ground for crypto development to grow—especially with support from global leaders like CZ. His involvement can shape the way for better adoption, new job creation, and a stronger tech ecosystem.
What Comes Next
All eyes are on the #pakistancryptocouncil . How will they navigate regulation and innovation? But with CZ on board, Pakistan just took a bold step toward shaping its future in the global crypto economy.
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Pakistan Gets Serious About Crypto
After years of regulatory issues, #Pakistan has finally legalized crypto. The Crypto Council, led by Bilal bin Saqib is building a clear regulatory framework. According to Saqib, “Pakistan is done sitting on the sidelines.”
Why CZ’s Appointment Matters
CZ isn’t just a crypto man, he is leading the crypto world. His strategic experience from building Binance into the world’s largest crypto exchange can help Pakistan:
Design practical, investor-friendly regulationsAttract global capital and blockchain infrastructurePosition itself as a regional Web3 leader
A Strategic Market
Pakistan ranks 9th in #Chainalysis ’ 2024 crypto adoption index for the Central and Southern Asia and Oceania (CSAO) region. The country’s young, Web3-native population makes it a natural fit for digital innovation. It is just like
Demand for Stablecoins and Remittance Use
With the rupee’s volatility, stablecoins have quietly become essential. A 2023 survey revealed 33% of Pakistani crypto users hedge against currency devaluation. And as formal remittance flows rise, blockchain rails can make them faster and cheaper.
Crypto as Economic Infrastructure
Pakistan's high-growth, low-cost environment offers the best ground for crypto development to grow—especially with support from global leaders like CZ. His involvement can shape the way for better adoption, new job creation, and a stronger tech ecosystem.
What Comes Next
All eyes are on the #pakistancryptocouncil . How will they navigate regulation and innovation? But with CZ on board, Pakistan just took a bold step toward shaping its future in the global crypto economy.
🔁 Like, comment, repost and follow for more quotes
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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