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Friday, April 25, 2025  
27 Shawwal 1446  

Nawaz Sharif welcomes Changpeng Zhao to guide Pakistan’s crypto future

Pakistan Crypto Council to advise on national crypto policies and promote responsible innovation
File photo
File photo

In a groundbreaking development for Pakistan’s growing digital finance landscape, Changpeng Zhao, the founder and former CEO of Binance, has officially joined the Pakistan Crypto Council as a Strategic Advisor.

The announcement follows a high-profile meeting between Zhao and former Prime Minister Nawaz Sharif in Lahore.

During the meeting, held earlier this week, the two discussed Pakistan’s emerging role in the global digital economy, with a focus on blockchain innovation, regulatory frameworks, and cryptocurrency adoption.

The meeting marks a significant shift in the country’s approach toward embracing digital assets and fostering a tech-forward financial ecosystem.

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Nawaz Sharif welcomed Zhao’s appointment, stating, “Pakistan is poised for a digital transformation, and having someone of Mr. Zhao’s global stature and expertise on board will provide critical insight and guidance. His experience in building Binance into one of the world’s leading blockchain companies will be invaluable to our efforts.”

Changpeng Zhao, often referred to as “CZ” in the crypto community, expressed enthusiasm about contributing to Pakistan’s crypto future. “Pakistan has immense potential in the digital economy space. I’m excited to collaborate with local leaders and innovators to help build a robust and forward-looking crypto ecosystem,” he said.

The Pakistan Crypto Council, recently formed to advise on national crypto policies and promote responsible innovation, aims to position the country as a regional leader in digital finance. With Zhao’s strategic input, the council hopes to address challenges such as regulatory clarity, security, and global partnerships.

Industry experts view this development as a major step toward legitimizing and integrating cryptocurrency in Pakistan’s mainstream financial system.

The move also signals Pakistan’s intent to align itself with international best practices in blockchain technology and digital asset management.

This partnership could pave the way for more foreign investment, job creation in the tech sector, and broader financial inclusion for the Pakistani population.

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