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Former Binance CEO Changpeng Zhao has reportedly been appointed to advise Pakistan on Web3 and blockchain technology.
Local media in Pakistan is reporting that CZ has joined the Pakistan Crypto Council as a strategic advisor for the country of 247 million.
Says Senator Muhammad Aurangzeb, Finance Minister of Pakistan, of CZ’s involvement,
“This is a landmark moment for Pakistan.
We are sending a clear message to the world: Pakistan is open for innovation.
With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth.”
Bilal Bin Saqib, CEO of the Pakistan Crypto Council said,
“Pakistan is opening its doors to the future of finance.
And who better to guide us on this journey than CZ — a pioneer who built the world’s largest crypto exchange and changed the way billions think about financial freedom.”
According to CZ, Pakistan offers “limitless” potential to crypto.
Last week, the Binance founder also inked a deal to advance crypto technologies in the Central Asian nation of Kyrgyzstan.
Said CZ at the time,
“I officially and unofficially advise a few governments on their crypto regulatory frameworks and blockchain solutions for gov efficiency, expanding blockchain to more than trading. I find this work extremely meaningful.”
