ISLAMABAD (Agencies): In a landmark development for Pakistan’s digital economy, Binance founder Changpeng Zhao (CZ) has been appointed as a Strategic Advisor to the Pakistan Crypto Council (PCC)—a move aimed at accelerating the country’s adoption of blockchain, Web3, and digital finance technologies.
The PCC, launched in March 2025 under the leadership of Finance Minister Muhammad Aurangzeb, is a government-backed initiative tasked with regulating and mainstreaming blockchain-based technologies in Pakistan. Key figures on the council include the Governor of the State Bank of Pakistan, SECP Chairperson, and Bilal Bin Saqib, who serves as the council’s Chief Advisor.
As Strategic Advisor, CZ is expected to provide insights into the development of blockchain infrastructure, help shape crypto regulations, and support strategic initiatives such as digital currency rollout, youth blockchain education, and crypto mining.
This partnership comes at a time when Pakistan is exploring ways to capitalize on its surplus electricity by inviting crypto mining and AI data centers to operate in regions with excess energy. Discussions with multiple international mining firms are already underway, with a focus on reducing energy costs and enhancing economic productivity.
With an estimated 15–20 million crypto users, Pakistan ranks among the top crypto-adopting nations globally. The country’s vibrant freelance economy and growing fintech sector offer a strong foundation for blockchain innovation.
CZ’s involvement is expected to enhance Pakistan’s global credibility in the digital finance space and help lay the groundwork for a transparent, inclusive, and future-ready financial system. His appointment reflects the government’s commitment to positioning Pakistan as a regional leader in blockchain and Web3 innovation.