CZ joins the Pakistan Crypto Council to drive the adoption of Web3. It will work with the government to create robust crypto regulation.
The Pakistan Crypto Council has appointed Changpeng 'CZ' Zhao, founder of Binance, as Strategic Advisor to demonstrate the country's commitment to the advancement of digital finance.
The government's announcement, released Monday after important high-level meetings in Islamabad, highlights the intention to establish a regulated regulatory framework for cryptocurrencies in Pakistan.
CZ Joins Pakistan Crypto Council To Advise On Blockchain Transactions
According to reports, Pakistan's Finance Minister, Senator Muhammad Aurangzeb, chaired the decisive meeting in which Zhao's new role was confirmed. The meeting was attended by the heads of the Securities and Exchange Commission of Pakistan (SECP), the State Bank of Pakistan (SBP) and senior officials from the Ministries of Justice and Information Technology, representing the country's financial and regulatory landscape.
According to reports, Zhao has held separate talks with the Prime Minister and Deputy Prime Minister of Pakistan to discuss policies on digital assets and the implementation of blockchain technology in various sectors.
Currently, Zhao is also working with the government of Kyrgyzstan as a consultant on Web3 education and blockchain infrastructure development. The Kyrgyz government recently launched the A7A5 stablecoin, demonstrating the growing interest in digital assets as a way to stimulate economic growth, backed by the Russian rouble.
Senator Aurangzeb, chairman of the Pakistan Crypto Council, said Zhao's appointment is an essential step for the transformation of Pakistan's digital financial system. "We are sending a clear message to the world," he said, emphasising Pakistan's openness to innovation and outlining plans to establish the country as a regional authority in Web3 technology and blockchain development.
Bilal Bin Saqib, a member of the Pakistan Crypto Council, expressed his support, saying Pakistan is embracing the finance of the future, acknowledging the importance of CZ's experience as the founder of the world's largest cryptocurrency exchange.
Zhao, as Strategic Advisor, will work with government agencies and private companies to build a foundational infrastructure, promote blockchain education and foster the adoption of digital assets across Pakistan. The goal is to develop a regulated system for cryptocurrencies that can compete internationally.
With a population of 240 million people, more than 60 per cent of whom are under the age of 30, Zhao emphasised Pakistan's limitless potential and its demographic advantages for digital innovation.
Pakistan's Finance Division officially launched the Pakistan Crypto Council in March 2025 to drive the country's digital transformation. With the establishment of the council and Zhao's leading role, Pakistan is showing that it wants to catch up with the most advanced jurisdictions in digital assets such as Singapore, Dubai and Switzerland, positioning itself as a Web3-ready nation.
With this strategic move, Pakistan's fintech sector will receive significant improvements through increased foreign investment and accelerated innovation in the digital asset sector.
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Binance Research reveals the main blockchain trends up to 2025, including AI, DeFi, NFT, metaverse and layer-2 solutions for scalability and sustainability.
The Pakistan Crypto Council has appointed Changpeng 'CZ' Zhao, founder of Binance, as Strategic Advisor to demonstrate the country's commitment to the advancement of digital finance.
The government's announcement, released Monday after important high-level meetings in Islamabad, highlights the intention to establish a regulated regulatory framework for cryptocurrencies in Pakistan.
CZ Joins Pakistan Crypto Council To Advise On Blockchain Transactions
According to reports, Pakistan's Finance Minister, Senator Muhammad Aurangzeb, chaired the decisive meeting in which Zhao's new role was confirmed. The meeting was attended by the heads of the Securities and Exchange Commission of Pakistan (SECP), the State Bank of Pakistan (SBP) and senior officials from the Ministries of Justice and Information Technology, representing the country's financial and regulatory landscape.
According to reports, Zhao has held separate talks with the Prime Minister and Deputy Prime Minister of Pakistan to discuss policies on digital assets and the implementation of blockchain technology in various sectors.
Currently, Zhao is also working with the government of Kyrgyzstan as a consultant on Web3 education and blockchain infrastructure development. The Kyrgyz government recently launched the A7A5 stablecoin, demonstrating the growing interest in digital assets as a way to stimulate economic growth, backed by the Russian rouble.
Senator Aurangzeb, chairman of the Pakistan Crypto Council, said Zhao's appointment is an essential step for the transformation of Pakistan's digital financial system. "We are sending a clear message to the world," he said, emphasising Pakistan's openness to innovation and outlining plans to establish the country as a regional authority in Web3 technology and blockchain development.
Bilal Bin Saqib, a member of the Pakistan Crypto Council, expressed his support, saying Pakistan is embracing the finance of the future, acknowledging the importance of CZ's experience as the founder of the world's largest cryptocurrency exchange.
Zhao, as Strategic Advisor, will work with government agencies and private companies to build a foundational infrastructure, promote blockchain education and foster the adoption of digital assets across Pakistan. The goal is to develop a regulated system for cryptocurrencies that can compete internationally.
With a population of 240 million people, more than 60 per cent of whom are under the age of 30, Zhao emphasised Pakistan's limitless potential and its demographic advantages for digital innovation.
Pakistan's Finance Division officially launched the Pakistan Crypto Council in March 2025 to drive the country's digital transformation. With the establishment of the council and Zhao's leading role, Pakistan is showing that it wants to catch up with the most advanced jurisdictions in digital assets such as Singapore, Dubai and Switzerland, positioning itself as a Web3-ready nation.
With this strategic move, Pakistan's fintech sector will receive significant improvements through increased foreign investment and accelerated innovation in the digital asset sector.
Sign up for Spaziocrypto®
The community for Blockchain, Cryptocurrency and Innovative Technologies enthusiasts, combining Passion, Knowledge and Opportunities in the Digital World
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