Binance founder Changpeng Zhao (CZ) has secured an appointment as a strategic advisor to the Pakistan Crypto Council (PCC). 

The announcement came during a high-profile meeting with key government officials, including Finance Minister Muhammad Aurangzeb, SECP Chairman, State Bank of Pakistan Governor, and Pakistan’s Prime Minister and Deputy Prime Minister.

The appointment confirms a bold new direction for Pakistan’s crypto industry. Aurangzeb, the Chairman of PCC, stressed the significance of the move. According to him, it sends a clear message to the world that Pakistan is open to crypto innovation. 

With CZ’s guidance, the country aims to accelerate its vision of becoming a regional powerhouse for Web3, blockchain-driven growth, and digital finance.

Bilal Bin Saqib, CEO of the Pakistan Crypto Council, also echoed this optimism. Saqib stated that CZ’s leadership will help guide Pakistan on its journey to becoming a hub for crypto and digital finance. 

CZ as Strategic Advisor

In his new role, CZ will provide guidance in several key areas, including education, infrastructure, regulation, and adoption. His expertise will help shape a compliant and inclusive crypto ecosystem in Pakistan that fosters innovation and aligns with global best practices.

As part of his advisory role, CZ will collaborate closely with the Government of Pakistan and private sector players to build a robust crypto ecosystem. This initiative will foster the development of a regulatory framework that supports blockchain innovation.

During his announcement, Zhao highlighted Pakistan’s immense potential. He noted that the country is a particularly promising market with a population of 240 million people, especially with over 60% of its population under the age of 30. “The potential here is limitless,” he remarked.

CZ’s Expanding Influence in Crypto

This appointment comes a week after CZ signed an agreement with the Kyrgyz Republic’s National Investment Agency. This contract promotes blockchain growth in Kyrgyzstan, emphasizing regulatory consulting, infrastructure development, and education.