Pakistan Appoints CZ as Crypto Council Advisor, Citing Youth-Driver Potential

Amid the ongoing cryptocurrency turbulence, Pakistan has appointed Changpeng Zhao (popularly known as CZ), the co-founder and former CEO of crypto exchange giant Binance, as a Strategic Advisor to the country’s Crypto Council.

The appointment comes amid growing interest in crypto assets and blockchain technology among Pakistan’s young population. The government cites this demographic as key to driving the future of the country’s digital economy.

CZ Reveals Pakistan’s Potential For Crypto Adoption

According to the newly appointed executive, Pakistan, a country with a population of over 240 million individuals, 60% of whom are under 30, noted that the nation has limitless potential for crypto adoption.

During the meeting, which was led by Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue, with prominent government representatives, such as the Chairman of the Securities and Exchange Commission of Pakistan (SECP), the Governor of the State Bank of Pakistan, and the Federal Secretaries of Law and Information Technology, were in attendance. Meanwhile, during his visit, CZ also held a separate meeting with the Prime Minister and Deputy Prime Minister of Pakistan.

CZ to Provide Guidance on Regulation Frameworks

As a Strategic Advisor to the Council, the former Binance CEO will offer expert advice on regulatory frameworks, infrastructure development, education, and the expansion of crypto adoption. He will collaborate with Pakistan’s government and private industry to build a compliant, inclusive, and internationally competitive digital asset ecosystem.

Notably, the Pakistan Crypto Council (PCC), formed under the Finance Division, is leading the charge in this digital revolution. The latest appointment of CZ marks the beginning of an exciting new chapter, positioning Pakistan alongside forward-thinking nations like Singapore, Dubai, and Switzerland as a Web3-ready, innovative hub.

Commenting on the latest appointment, Senator Muhammad Aurangzeb, Finance Minister of Pakistan and Chairman of PCC, said:

“This is a landmark moment for Pakistan. We are sending a clear message to the world: Pakistan is open to innovation. With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth.”

Bilal Bin Saqib, CEO of the Pakistan Crypto Council, also added that Pakistan is embracing the future of finance, and there’s no better guide for the journey than CZ — a pioneer who created the world’s largest crypto exchange and revolutionized how billions view financial freedom.