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Pakistan Bets on Crypto: Binance’s CZ Leads the Charge
Pakistan, one of the largest nations in South Asia, is finally stepping into its “crypto moment”. With the launch of the Pakistan Crypto Council (PCC) and the appointment of Binance founder Changpeng Zhao (CZ) as a strategic adviser, the country is signaling its intention to embrace digital assets and blockchain innovation.
The Birth of Pakistan Crypto Council (PCC)
In March 2025, Pakistan established the PCC as a high-level platform to integrate blockchain, Web3, and digital currencies into the national economy. Chaired by Finance Minister Muhammad Aurangzeb, with Bilal Bin Saqib as CEO, the council brings together policymakers, regulators, and global experts. This initiative aims to create Pakistan’s first structured framework for cryptocurrencies, digital asset licensing, and blockchain-driven innovation.
CZ as Crypto Expert for Pakistan
The appointment of CZ as strategic adviser adds international weight to Pakistan’s efforts. CZ, one of the most influential figures in global crypto, has already engaged with Prime Minister Shehbaz Sharif and top regulators. Highlighting Pakistan’s youth potential—60% of the population is under 30—CZ emphasized that the country could become a regional hub for Web3 innovation and adoption.
Key Strategic Moves
First Bitcoin Reserve: Pakistan announced plans to establish a sovereign Bitcoin reserve—making it one of the few nations exploring state-level crypto holdings. Energy for Mining & AI: The government has allocated 2,000 MW of surplus electricity toward Bitcoin mining and artificial intelligence projects.
Regulatory Authority: The Pakistan Virtual Assets Regulatory Authority (PVARA) has been approved to oversee crypto exchanges, licensing, AML compliance, and Sharia finance compatibility.
Challenges Ahead
While optimism is high, challenges remain: Crypto remains technically banned under earlier SBP rulings. Scams and frauds have cost investors millions, highlighting weak regulatory safeguards. Pakistan’s AML/CFT framework must be strengthened to meet global FATF standards. Without clear, enforceable laws, Pakistan risks repeating past policy inconsistencies—encouraging adoption while keeping regulations vague.
Why It Matters
Pakistan ranks among the top 10 countries in global crypto adoption, driven by remittances and P2P trading. With CZ’s guidance and PCC’s institutional backing, the country has a rare opportunity to transition from unregulated adoption to a formalized, globally connected crypto economy.
The Road Ahead
If done right, Pakistan could:
✅ Leverage blockchain for financial inclusion
✅ Create transparent remittance channels
✅ Build a sovereign digital asset reserve
✅ Attract Web3 startups and global investment
But success hinges on striking the balance between innovation and regulation. Pakistan’s crypto moment is here. The question now is: will it be managed well enough to transform potential into lasting impact? #Pakistan #CryptoNewss #BTC走势分析