In a significant move to bolster its position in the digital finance arena, Pakistan has appointed Changpeng Zhao, the founder of Binance, as a strategic adviser to the Pakistan Crypto Council (PCC). This appointment underscores the country’s commitment to integrating blockchain technology and digital assets into its financial landscape.​

Establishment of the Pakistan Crypto Council

The PCC was officially launched in March 2025 with the aim of regulating and promoting blockchain technology and digital assets within Pakistan. The council operates under the leadership of Finance Minister Muhammad Aurangzeb and includes key figures such as Bilal Bin Saqib, who serves as the Chief Adviser to the Finance Minister on the council.

Zhao’s Role and Vision

Changpeng Zhao, commonly known as CZ, is the co-founder and former CEO of Binance, the world’s largest cryptocurrency exchange by trading volume. His appointment as a strategic adviser to the PCC is expected to provide valuable insights into regulation, infrastructure, education, and adoption of digital assets. Zhao expressed optimism about Pakistan’s potential in the digital finance sector, highlighting the country’s youthful population as a key asset.

Government’s Perspective

Finance Minister Muhammad Aurangzeb emphasized that Zhao’s inclusion sends a clear message about Pakistan’s openness to innovation. He stated that with Zhao onboard, the country aims to accelerate its vision of becoming a regional powerhouse for Web3, digital finance, and blockchain-driven growth.

Implications for Pakistan’s Digital Economy

This strategic appointment aligns with Pakistan’s broader efforts to embrace emerging digital currencies and technologies in line with global trends. By collaborating with international experts like Zhao, Pakistan seeks to create a compliant, inclusive, and globally competitive crypto ecosystem.

Conclusion

The appointment of Changpeng Zhao as a strategic adviser to the Pakistan Crypto Council marks a pivotal step in Pakistan’s journey toward integrating blockchain technology into its financial system. This move reflects the country’s dedication to fostering innovation and positioning itself prominently in the evolving digital finance landscape.