Pakistan has officially named former Binance CEO Changpeng Zhao as a strategic adviser to its newly formed Pakistan Crypto Council. The appointment marks a major step in the country’s push to become a dominant force in digital finance across South Asia.
Zhao shared the announcement on his X (formerly Twitter) account that he met Prime Minister Shehbaz Sharif together with Finance Minister Muhammad Aurangzeb. The meetings focused on Pakistan’s vision to build a compliant and forward-looking crypto framework under Zhao’s guidance.
As part of his involvement Zhao will direct the essential components of Pakistan’s crypto development including legal structures and blockchain network expansion alongside public training about digital assets. People view his international experience as the essential element to help Pakistan meet international regulatory standards.
Also Read: Markets on Edge After Bitcoin Death Cross and Fink’s Recession Warning – What’s Coming Next?
The Pakistan Crypto Council, operating under the Finance Division, will serve as a central body to advise on crypto policy and national strategy. Zhao’s appointment adds global weight to the council’s early efforts to build trust and attract investment in the sector.
Crypto Push Backed by Demographics and Rising Adoption
With over 240 million people and 60 percent under the age of 30, Pakistan sees its young population as a key driver for crypto innovation. The country already ranks among the world’s top ten in crypto adoption, with around 20 million active users and over $20 billion in annual transaction volume.
The PCC fulfills its mission by steering the digital transformation of Pakistan while ensuring innovation exists within legal boundaries. As the leading official at PCC Zhao will champion the creation of a secure digital finance ecosystem that remains competitive in Pakistan.
The adoption of cryptocurrency will lead to better financial services access in Pakistan together with more efficient remittance transactions. The country benefits from remittances worth $35 billion annually but crypto solutions have the potential to both decrease costs and enhance transfer speed.
Government officials have confirmed plans to work with Zhao on pilot initiatives and long-term strategies for blockchain adoption. These efforts will focus on both public and private sectors to ensure widespread and inclusive growth in the digital economy.
Conclusion
By appointing CZ to the Pakistan Crypto Council, the government has taken a bold step in embracing the global crypto shift. His guidance is set to influence policy, infrastructure, and education, as Pakistan looks to lead the next wave of regional crypto innovation.
Also Read: Trump-Backed Crypto Firm Plans Surprise USD1 Airdrop for WLFI Token Holders
