Pakistan Taps Binance Founder Changpeng Zhao as Crypto Advisor

Pakistan has taken a significant step towards strengthening its presence in the global crypto landscape by appointing Binance founder Changpeng Zhao as a Strategic Advisor to the Pakistan Crypto Council.

This move highlights the country’s ambition to position itself as a leader in the blockchain and digital finance sectors.

The decision was made during a meeting between Zhao and members of the Pakistan Crypto Council, chaired by Finance Senator Muhammad Aurangzeb. As an advisor, Zhao will focus on providing strategic insights into crypto regulation, infrastructure development, and fostering innovation while maintaining compliance with existing laws. Senator Aurangzeb expressed confidence that Zhao’s expertise would help fast-track Pakistan’s vision of becoming a digital finance powerhouse.

Zhao’s involvement comes shortly after his recent agreement with Kyrgyzstan to promote blockchain initiatives in Central Asia, reflecting his broader commitment to advancing crypto adoption in the region. Bilal Bin Saqib, CEO of the Pakistan Crypto Council, emphasized that bringing Zhao on board aligns with the country’s goal to embrace the future of finance and benefit from blockchain-driven growth.

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Pakistan is making efforts to integrate blockchain technology into its economic development strategy, recognizing the potential of its youthful, tech-savvy population. With more than half of its 240 million citizens under 30, the country is well-positioned to capitalize on digital finance opportunities. Zhao noted that this demographic advantage could pave the way for a thriving crypto market, combining innovation with regulatory progress.

Through this strategic partnership, Pakistan aims to boost blockchain adoption, create job opportunities, and attract investment. Zhao’s experience with Binance is expected to be instrumental in guiding the country’s regulatory framework while promoting a balanced approach that encourages innovation without compromising compliance.

Alexander Stefanov