World Liberty Financial, backed by Trump, partners with the Crypto Council of Pakistan
World Liberty Financial, backed by Trump, has signed a letter of intent to assist Pakistan with innovation in DeFi, stablecoin, and tokenization of real-world assets in the country.
World Liberty Financial, backed by Donald Trump, has signed a letter of intent with the Crypto Council of Pakistan to accelerate the adoption of cryptocurrencies in the South Asian country and one of the fastest-growing markets in the sector.
Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and trade, explore the tokenization of real-world assets, and assist with the growth of decentralized financial protocols, local news outlet Business Recorder reported on April 27.
The founders of World Liberty, Zach Witkoff, Zak Folkman, and Chase Herro, signed the letter at a recent meeting with the Council's CEO, Bilal bin Saqib, which was attended by, among others, the governor of Pakistan's central bank, the finance minister, and the IT secretary.