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Binance founder and crypto billionaire Changpeng Zhao has been appointed as a strategic advisor to the newly established Pakistan Crypto Council (PCC).
This move marks a major step in the country’s evolving approach to digital finance and crypto innovation under the PCC, launched just last month, which aims to regulate and integrate blockchain technology and digital assets into Pakistan’s financial ecosystem.
As the founder of Binance – one of the world’s largest cryptocurrency exchanges – Zhao is widely considered one of the most influential figures in the crypto space and will bring significant global expertise to the council.
READ: Pakistan launches crypto council to regulate digital financial sector
His appointment is seen as a signal of Pakistan’s intent to align itself with international best practices and regulatory frameworks.
The announcement follows a series of developments by the Pakistani government to embrace the global shift toward digital currencies.
On February 25, Finance Minister Muhammad Aurangzeb met with an international delegation and expressed interest in forming a National Crypto Council to explore the safe and structured adoption of digital assets.
In March, Pakistani entrepreneur and social activist Bilal Bin Saqib was appointed chief adviser to the finance minister for the council. His appointment was seen as an effort to bring both local relevance and international vision to the initiative.
READ: Pakistan eyes Bitcoin mining, crypto regulations for growth
With Zhao’s strategic input and Saqib’s advisory role, the council is expected to play a crucial role in shaping Pakistan’s crypto policy, potentially opening doors to blockchain applications in finance, trade, and governance.
The Finance Division stressed that the council’s role would include formulating policy recommendations, promoting financial literacy around crypto, and advising on regulatory frameworks to ensure secure, transparent, and forward-looking digital finance practices in the country.
