Catenaa, Friday, April 11, 2025-Former Binance CEO Changpeng “CZ” Zhao has been appointed as a strategic advisor to Pakistan’s newly established Crypto Council.
The Pakistan Crypto Council, created in March 2025, aims to enhance the country’s blockchain infrastructure, education, and adoption. This move is part of Pakistan’s broader strategy to strengthen its digital assets sector and attract international investment.
Zhao’s involvement with the council comes amid growing efforts in Pakistan to integrate cryptocurrency into its financial systems. In a social media post on April 3, Zhao confirmed his advisory role in various global regulatory frameworks for cryptocurrencies but emphasized that his focus remains solely on crypto, not politics.
Pakistan’s push to expand blockchain technology comes in response to global developments, notably the United States’ recent efforts under President Donald Trump to prioritize digital assets. The country’s Crypto Council is determined to establish regulatory clarity, create a business-friendly environment, and foster institutional adoption.
Despite his past legal troubles, including a plea deal with the U.S. Department of Justice in 2023 over violations of the Bank Secrecy Act, Zhao continues to influence the crypto market globally. Binance, under his leadership, has made significant strides in South Asia and the Greater Middle East. The council’s CEO, Bilal Bin Saqib, stated that Pakistan intends to become a leader in blockchain-powered finance.
