On April 7, 2025, Binance’s billionaire founder, Changpeng Zhao, stepped into a pivotal role as Strategic Advisor to the newly formed Pakistan Crypto Council (PCC).
According to a press release from the Finance Division, this appointment marks a transformative moment for Pakistan’s financial ecosystem.
Launched last month, the Pakistan Crypto Council aims to regulate and integrate blockchain technology and digital assets into the nation’s financial framework. This initiative aligns with global trends toward embracing cryptocurrencies and Web3 innovations. The council’s groundwork began on February 25, 2025, when Finance Minister Muhammad Aurangzeb met with a foreign delegation. The ministry announced plans for a “National Crypto Council.” In March, entrepreneur Bilal Bin Saqib was named Chief Adviser to the Finance Minister on the council.
Read: Pakistan Crypto Council Launched to Regulate Blockchain
Today’s press release hailed Zhao’s appointment as a “groundbreaking move” with the potential to reshape the global cryptocurrency landscape. The announcement came during a high-profile meeting of the PCC, chaired by Aurangzeb and attended by key government stakeholders. Zhao also discussed separately with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar.
A Bold Step for Pakistan’s Digital Ambitions
Finance Minister Aurangzeb emphasized the significance of this development. “This is a landmark moment for Pakistan,” he said. “We’re signalling to the world that Pakistan is open for innovation. With Changpeng Zhao’s expertise, we’re fast-tracking our goal to position Pakistan as a regional leader in Web3, digital finance, and blockchain growth.”
PCC CEO Bilal Bin Saqib echoed this sentiment. “Pakistan is opening its doors to the future of finance,” he said. “Who better to guide us than Zhao, a visionary who built Binance into the world’s largest crypto exchange and redefined financial freedom for billions?”
Read: Binance Founder Changpeng Zhao Sentenced to Four Months in U.S. Prison
As Strategic Advisor, Zhao will offer expert guidance on regulation, infrastructure, education, and adoption. He’ll collaborate with government bodies and private-sector leaders to build a compliant, inclusive, and globally competitive crypto ecosystem.
“Pakistan, with its 240 million people, over 60% under 30, has limitless potential,” Zhao stated in the press release. His appointment underscores Pakistan’s ambition to join progressive Web3 nations like Singapore, Dubai, and Switzerland.
