Pakistan Appoints Former Binance CEO CZ as Crypto Adviser, Stirring Reaction in India
Pakistan has appointed Changpeng Zhao (CZ), former Binance CEO, as a strategic adviser to its Crypto Council (PCC), a move hailed by officials as a bold step toward Web3 innovation. Confirmed by the Ministry of Finance, CZ will assist in shaping crypto regulation, infrastructure, and education in collaboration with the State Bank and the Securities and Exchange Commission.
Finance Minister Senator Muhammad Aurangzeb called the appointment a "landmark moment," signaling Pakistan’s openness to digital innovation.
The news triggered a wave of reactions in India, with crypto influencers urging their government to act. "What India could have done, Pakistan outsmarted us!" posted Opinderpreet on X. Others expressed concern that India is falling behind in the global crypto race.