Changpeng Zhao (CZ), the former CEO of Binance, is now advising Pakistan on blockchain and Web3 technologies. This move signals Pakistan’s ambition to become a leader in the crypto space.
A Big Boost for Pakistan’s Crypto Scene
Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, hailed the appointment as a “landmark moment,” emphasizing the country’s commitment to innovation and its goal of becoming a regional hub for Web3 and blockchain-based growth. The Pakistan Crypto Council’s CEO, Bilal Bin Saqib, echoed this sentiment, highlighting CZ’s experience in building the world’s largest crypto exchange as invaluable to Pakistan’s journey into the future of finance.
CZ’s Vision for Pakistan’s Crypto Future
CZ himself sees “limitless” potential in Pakistan’s crypto market. This appointment follows a similar agreement he made with Kyrgyzstan last week, focusing on advancing crypto technologies and advising governments on regulatory frameworks and blockchain solutions. He sees this advisory role as a way to expand blockchain’s use beyond just trading.
