In a landmark development for Pakistan’s digital finance ambitions, Binance founder and crypto billionaire Changpeng Zhao—popularly known as CZ—has been appointed strategic adviser to the Pakistan Crypto Council (PCC), according to an official press release by the Finance Division.
The PCC, launched just last month, aims to regulate and integrate blockchain technology and digital assets into Pakistan’s financial ecosystem. This appointment marks a major step forward for the country’s digital transformation goals.
Also Read: Shocking Twist in CID: ACP Pradyuman’s Death Leaves Fans Devastated
Finance Minister Muhammad Aurangzeb formally announced Zhao’s appointment during a high-level meeting between the PCC and government stakeholders, which Zhao also attended. He later held separate discussions with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar to explore the future of digital finance in Pakistan.
“This is a landmark moment for Pakistan,” said Finance Minister Aurangzeb. “With CZ onboard, we are accelerating our vision to become a regional leader in Web3, digital finance, and blockchain innovation.”
Also Read: ‘Squid Game’ Star O Yeong-Su Sentenced to One Year in Prison
Guiding Pakistan’s Crypto Evolution
The PCC’s CEO, Bilal Bin Saqib, who was appointed as the chief adviser to the finance minister in March, said Zhao’s involvement sends a powerful message.
“Who better to guide us than CZ—a pioneer who built the world’s largest crypto exchange and revolutionized financial freedom for billions,” said Saqib.
As strategic adviser, Zhao will work closely with both the government and private sector to design frameworks around regulation, infrastructure development, education, and the safe adoption of digital assets.
Global Recognition and Local Potential
Zhao, who played a central role in making Binance a global crypto powerhouse, praised Pakistan’s tech-savvy population and its potential to become a global crypto hub.
“Pakistan is a country of 240 million, over 60% under the age of 30. The potential here is limitless,” he remarked.
According to the press release, Zhao’s appointment positions Pakistan alongside forward-thinking nations like Singapore, Dubai, and Switzerland, embracing a future where Web3 and digital currencies are central to economic growth.
