Binance founder and crypto billionaire Changpeng Zhao was appointed as a strategic adviser to the Pakistan Crypto Council (PCC), the Finance Division announced on Monday, calling the move a potential game-changer for the country’s digital finance ambitions.
The appointment was confirmed in a press release following Zhao’s meeting with Finance Minister Muhammad Aurangzeb and other key stakeholders.
The meeting was chaired by Aurangzeb and attended by top government officials. Zhao also met separately with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar.
“This is a landmark moment for Pakistan,” said Aurangzeb. “We are sending a clear message to the world: Pakistan is open for innovation. With Zhao onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth.”
Zhao, who founded Binance—currently the world’s largest cryptocurrency exchange—is expected to provide strategic guidance on regulation, infrastructure development, education, and the broader adoption of digital assets across Pakistan.
“Pakistan is a country of 240 million people, over 60 per cent of whom are under the age of 30. The potential here is limitless,” Zhao was quoted as saying.
The Pakistan Crypto Council was officially launched last month to integrate blockchain technology and digital assets into the national financial landscape. In March, entrepreneur Bilal Bin Saqib was appointed as chief adviser to the finance minister on crypto-related matters.
Commenting on Zhao’s appointment, PCC CEO Bilal Bin Saqib said, “Pakistan is opening its doors to the future of finance. And who better to guide us on this journey than Zhao — a pioneer who built the world’s largest crypto exchange and changed the way billions think about financial freedom.”
According to the Finance Division, Zhao will work closely with both government bodies and the private sector to build a “compliant, inclusive, and globally competitive” crypto ecosystem in Pakistan.
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