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Binance Founder CZ Appointed Strategic Advisor to Pakistan Crypto Council

In a Nutshell

Binance founder Changpeng Zhao becomes strategic advisor to Pakistan Crypto Council, aiding in regulatory framework and Web3 adoption. Senator Aurangzeb highlights CZ’s role in propelling Pakistan as a regional digital asset leader. The council aims for global recognition akin to Singapore and Switzerland, emphasizing innovation with compliance.

Binance founder Changpeng Zhao has been appointed strategic advisor to the Pakistan Crypto Council, reinforcing the country’s commitment to building a competitive and regulated digital asset ecosystem.

CZ to Advise Pakistan Crypto Council on Regulation and Web3 Adoption

Changpeng Zhao (CZ), founder of Binance, has been named strategic advisor to the Pakistan Crypto Council (PCC). According to Pakistan news outlets, the announcement came during a high-level meeting chaired by Finance Minister, Senator Muhammad Aurangzeb.

“This is a landmark moment for Pakistan. With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3,” said Senator Muhammad Aurangzeb, Chairman of the PCC.

CZ’s appointment marks a significant step in Pakistan’s journey toward building a regulated and forward-looking digital asset environment. In his advisory role, he will support efforts in crafting crypto regulations, enhancing blockchain infrastructure, and promoting education and adoption across public and private sectors.

“Pakistan is a country of 240 million people, over 60% of whom are under the age of 30. The potential here is limitless,” CZ remarked.

The Pakistan Crypto Council, operating under the Finance Division, aims to position the country alongside global crypto hubs like Singapore and Switzerland. CZ’s involvement adds international credibility to Pakistan’s ambitions in the Web3 space.

With this move, Pakistan signals its intent to embrace innovation while ensuring compliance and inclusivity in its evolving digital economy.

Source: Bitcoin

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