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Pakistan Appoints Former Binance CEO Changpeng Zhao To Stimulate Country’s Use of Crypto

  • Changpeng Zhao, former CEO of Binance, has been appointed as a strategic advisor to the Pakistan Crypto Council to help the nation adopt blockchain technology.
  • Muhammad Aurangzeb, Finance Minister of Pakistan, sees this appointment as a landmark moment for the country and a signal that Pakistan is open to innovation.
  • Zhao's visit to Pakistan aims to create a legal framework for digital assets and spur economic growth through regulation that allows room for innovation and opportunities for crypto entrepreneurs.
  • The Pakistan Crypto Council aims to attract foreign investors and collaborate with the crypto industry to facilitate financial growth and international trade while keeping the black market in check.

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