Binance's CZ Becomes Strategic Advisor to the Pakistan Crypto Council
Pakistan’s local media suggests that the appointment was confirmed during a meeting held in Islamabad with top government officials.
The Finance Minister, Senator Muhammad Aurangzeb, reportedly led the session. Other attendees included the heads of Pakistan’s key financial and regulatory bodies—the Securities and Exchange Commission and the State Bank—and senior officials from the law and IT ministries.
According to the reports, Zhao also met separately with Pakistan’s Prime Minister and Deputy Prime Minister to discuss digital asset policy and blockchain adoption.
His involvement with Pakistan follows a recent agreement with the Kyrgyz Republic. There, he is advising on Web3 infrastructure and blockchain education.
Kyrgyzstan has also launched the A7A5 stablecoin, pegged to the Russian ruble. Both Kyrgyzstan and Pakistan are looking to develop their financial ecosystem around crypto to attract industry interest in the regions.
Other crypto projects have been actively involved with the Pakistani government to drive the country’s blockchain and Web3 initiatives.
Vanar, a layer-1 blockchain, has also been working closely with the government, universities, and communities across Pakistan to drive Web3 developments.
“With over 60% of the population under the age of 30, and as one of the top five countries globally with the highest concentration of Web3 developers and innovators, Pakistan holds immense untapped potential. The opportunity to leverage Web3 for financial freedom and economic empowerment here is unlike anywhere else. The launch of the Pakistan Crypto Council — and CZ’s involvement — will be a game-changer for the country’s digital transformation. We are proud to be part of the movement from day one,” Jawad Ashraf, CEO of Vanar Chain told BeInCrypto.
Meanwhile, CZ continues to engage with multiple governments on crypto regulation. He has been focused on building secure frameworks and enabling digital finance ecosystems.
BeInCrypto has contacted Binance about the reports and whether the company is involved in the initiative.
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