Pakistan has appointed Binance founder and former CEO Changpeng Zhao (CZ) as an official adviser on cryptocurrency policy, marking a surprising and bold move in the country’s approach to digital assets.
The appointment signals a potential shift in Pakistan’s crypto stance, which has historically been cautious due to regulatory and financial concerns. Zhao, who stepped down from his role at Binance following legal challenges in the U.S., will now offer strategic guidance as Pakistan explores the integration of blockchain technologies and the development of a national crypto framework.
Government officials highlighted Zhao’s global experience in building crypto infrastructure and scaling one of the world’s largest exchanges. His input is expected to focus on establishing regulatory clarity, enhancing financial inclusion, and positioning Pakistan to benefit from the evolving Web3 economy.
While the move has drawn mixed reactions internationally, many within Pakistan’s tech and crypto communities see the appointment as a step toward modernization. Zhao, for his part, has expressed interest in contributing to the country’s digital transformation and supporting crypto adoption in emerging markets.
The advisory role could reshape Pakistan’s crypto landscape and potentially attract international investment—if Zhao’s involvement translates into actionable policy reform.
