- Changpeng Zhao appointed strategic advisor to the Pakistan Crypto Council during official meetings in Islamabad.
- CZ to guide Pakistan’s digital asset regulation, infrastructure development and education initiatives.
- The government sees Zhao’s role as critical to building Pakistan’s Web3 and blockchain future.
Binance founder Changpeng Zhao (CZ) now holds the position of strategic advisor at the Pakistan Crypto Council (PCC). This is according to an official announcement made during a meeting chaired by Finance Minister Muhammad Aurangzeb on Monday, April 7th.
This decision was revealed during Zhao’s visit to Islamabad, where he held closed door sessions with Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar and top financial regulators. Officials described the appointment as a vital step towards digital financial evolution within the country.
Zhao to Oversee Rregulation, Adoption and Talent Initiatives
The Pakistan Crypto Council was formed under the Finance Division last month. It now holds the mandate to establish legal frameworks, promote crypto adoption, and integrate blockchain into Pakistan’s financial infrastructure. The Ministry of Finance proposed the council in February and later named entrepreneur Bilal Bin Saqib as chief adviser in March.
As the strategic advisor, Zhao will provide guidance on regulatory development, infrastructure planning, talent training and mass adoption strategies. This appointment further shows the intention of the government to collaborate with global industry figures in shaping crypto policies in Pakistan.
Speaking during the announcement Zhao noted the demographic advantage of the country. “Pakistan is a country of 240 million people, over 60% under 30. The potential here is limitless,” he said. PCC CEO Bilal Bin Saqib echoed that sentiment, describing Zhao’s inclusion as a step toward aligning Pakistan with global digital finance trends.
Meetings Held with Top Government Leadership
Zhao’s engagement in Pakistan included separate discussions with central stakeholders. This included the heads of the State Bank of Pakistan and the Securities and Exchange Commission. Finance Minister Aurangzeb said Zhao’s role would support Pakistan’s goal to become a regional blockchain hub.
“This is a landmark moment for Pakistan,” Aurangzeb said. “With Zhao onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance and blockchain-driven growth.” Zhao’s advisory scope will also cover blockchain education, cybersecurity protocols and institutional support for token issuance and regulated digital platforms.
Zhao Expands Global Advisory Efforts
The announcement comes after Zhao’s recent agreement with the National Investment Agency of Kyrgyzstan. The former Binance CEO signed a memorandum of understanding last week in Bishkek. This MOU was to assist Kyrgyz authorities with infrastructure development, consulting as well as education in blockchain technology.
Zhao has said he advises several governments formally and informally on crypto regulation and blockchain integration. His recent engagements signal increasing involvement in helping countries navigate through the global shift toward decentralized systems. The PCC which is now backed by Zhao’s strategic input is expected to shape Pakistan’s next steps in implementing digital asset frameworks and expanding its participation in global Web3 developments.