World Liberty Financial (WLF) — a project reportedly linked to the Trump family — has signed a Letter of Intent (LOI) with the Pakistan Crypto Council (PCC).
Purpose: To accelerate blockchain innovation, expand stablecoin adoption, and boost DeFi (Decentralized Finance) development in Pakistan.
Who was involved:
WLF Delegation included:
Zachary Folkman
Zachary Witkoff (son of U.S. Special Envoy to the Middle East, Steve Witkoff)
Chase Herro
Meetings held with top Pakistani leaders:
Prime Minister of Pakistan
Chief of Army Staff
Finance Minister
Deputy Prime Minister
Minister of Information
Minister of Defence
What was discussed:
Regulatory Sandboxes: Creating environments to test blockchain-based financial products under government oversight.
DeFi Growth: Developing decentralized finance applications for Pakistan's financial markets.
Asset Tokenization: Exploring ways to digitize assets like real estate, gold, and commodities.
Stablecoin Use Cases: Facilitating faster and cheaper remittances (important for Pakistan's economy) and international trade.
Policy and Advisory Support: WLF offering strategic advice on building a blockchain-based digital economy.
Why Pakistan?
Huge Youth Population: Over 64% of Pakistanis are under 30 years old — tech-savvy and ready to adopt new financial technologies.
Crypto Popularity: Pakistan ranks among the top countries in global crypto adoption, handling an estimated $300 billion in annual crypto transactions.
New Government Policy: Pakistan is actively preparing to legalize and regulate cryptocurrencies, making it a fertile market for blockchain expansion.
PCC Creation: Pakistan recently launched the Pakistan Crypto Council (March 2025) to formalize its crypto sector.
Future Outlook:
Pakistan's government is expected to announce a comprehensive crypto legalization framework very soon.
This collaboration could help position Pakistan as a global leader in blockchain technology, just like how the UAE and Singapore have done.
The Trump-associated involvement signals serious American interest in develop
ing Pakistan’s digital economy, potentially increasing foreign investment.