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In a significant development for Pakistan's digital finance sector, the Pakistan Crypto Council (PCC) has appointed Changpeng Zhao, commonly known as CZ, as a strategic adviser. Zhao is the co-founder and former CEO of Binance, one of the world's largest cryptocurrency exchanges. This appointment, announced in April 2025, aims to bolster Pakistan's efforts in integrating blockchain technology and digital assets into its financial system.

Strengthening Regulatory Frameworks

Zhao's role involves providing guidance on cryptocurrency regulation, infrastructure development, education, and adoption. His expertise is expected to assist the PCC in establishing a robust regulatory framework that aligns with global standards. This move is part of Pakistan's broader strategy to enhance its digital finance ecosystem and attract international investment. The PCC, established in March 2025, operates under the Ministry of Finance and collaborates with key institutions such as the State Bank of Pakistan and the Securities and Exchange Commission of Pakistan to shape the country's blockchain policy.

Leveraging Youth Potential

Pakistan's population is predominantly young, with over 60% under the age of 30. This demographic presents a unique opportunity for the country to harness its human capital in the digital finance sector. Zhao has emphasized the immense potential of Pakistan's youth, highlighting the country's readiness to build and innovate in the Web3 space. The PCC aims to create an environment conducive to innovation, job creation, and increased digital exports through youth upskilling in blockchain and AI technologies.

Strategic Initiatives and International Partnerships

Under the leadership of CEO Bilal Bin Saqib, the PCC has initiated several strategic projects. These include the establishment of Pakistan's first government-backed Strategic Bitcoin Reserve and plans to allocate 2,000 MW of electricity for cryptocurrency mining and AI data centers. Additionally, the PCC has been actively engaging with international stakeholders to promote regulatory alignment and investment in Pakistan's emerging digital asset ecosystem.

Global Recognition and Influence

Zhao's appointment brings global recognition and credibility to Pakistan's digital finance initiatives. His previous experience in leading Binance and his involvement in various international blockchain projects position him as a valuable asset in guiding Pakistan's digital finance strategy. The PCC's collaboration with Zhao underscores the country's commitment to becoming a regional leader in blockchain innovation and digital asset regulation.

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The appointment of Changpeng Zhao as a strategic adviser to the Pakistan Crypto Council marks a pivotal moment in the country's journey toward integrating blockchain technology and digital assets into its financial system. With a clear regulatory framework, a youthful and tech-savvy population, and strategic international partnerships, Pakistan is positioning itself as a formidable player in the global digital finance landscape.