In a groundbreaking move for Pakistan’s digital finance sector, Changpeng Zhao (CZ), the founder of Binance and one of the most influential figures in the global cryptocurrency and Web3 ecosystem, has been appointed as a strategic advisor to the Pakistan Crypto Council (PCC).
The announcement was made after a pivotal meeting between CZ and the PCC, chaired by Finance Minister Muhammad Aurangzeb. The session saw the participation of top-tier government officials, including the Chairman of the Securities and Exchange Commission of Pakistan (SECP), the Governor of the State Bank of Pakistan, and federal secretaries from the ministries of Law and IT.
During his visit, CZ also held individual discussions with the Prime Minister and Deputy Prime Minister, signaling the high-level engagement and commitment to digital transformation.
“This is a historic moment for Pakistan,” said Senator Muhammad Aurangzeb. “By welcoming CZ, we’re sending a powerful message to the world that Pakistan is ready for innovation. With his expertise, we are on track to make Pakistan a regional leader in Web3, digital finance, and blockchain innovation.”
Echoing the sentiment, Bilal Bin Saqib, CEO of the Pakistan Crypto Council, emphasized the importance of this partnership: “Pakistan is preparing for the future of finance. And who better to guide us on this journey than CZ — the visionary who built the world’s largest crypto exchange and reshaped how billions perceive financial freedom.”
In his new advisory role, CZ will provide guidance on critical areas such as developing regulatory frameworks, advancing digital infrastructure, promoting public education about cryptocurrencies, and driving the mass adoption of Web3 technologies in Pakistan. His insight is expected to play a crucial role in establishing a secure, inclusive, and globally competitive crypto ecosystem within the country.
CZ highlighted the immense potential of Pakistan, stating, “With a population of 240 million, where over 60% are under 30, Pakistan offers limitless opportunities for digital and crypto innovation.”
The Pakistan Crypto Council, created under the Finance Division, is leading the charge to revolutionize the country’s digital finance landscape. With the addition of CZ’s expertise, Pakistan aims to join the ranks of global leaders such as Singapore, Dubai, and Switzerland in positioning itself as a forward-thinking, Web3-ready nation.
As the world of cryptocurrency and blockchain continues to evolve rapidly, this collaboration signals Pakistan’s determination to embrace the digital finance revolution and shape a bright future for its Web3 aspirations.
