Changpeng Zhao (CZ) Appointed as Pakistan Crypto Advisor
17 days ago
Changpeng Zhao Crypto Advisor—this headline isn’t just news; it’s a major signal to the global blockchain community. Pakistan has officially appointed the former Binance CEO, Changpeng Zhao (CZ), as an adviser to its newly formed Crypto Council.
For a country historically seen as lagging in digital asset regulation, this is a seismic shift. The move addresses a critical pain point in Pakistan’s crypto evolution: lack of regulatory clarity and international trust.
With CZ at the table, the country is no longer sitting on the sidelines—it’s entering the global crypto arena with purpose and power.
Why the Appointment of Changpeng Zhao Crypto Advisor Is a Game Changer
CZ’s Return to the Global Crypto Stage
After stepping down from Binance in 2023 due to legal complications in the U.S., many believed CZ would take a quieter role in the industry. However, his comeback as a strategic crypto advisor for Pakistan proves otherwise.
His appointment was confirmed by the Ministry of Finance of Pakistan and widely reported by Bloomberg and Business Recorder on April 7, 2025.
Zhao is now tasked with helping design Pakistan’s crypto regulation, advising on blockchain infrastructure, and guiding adoption strategies—particularly focusing on stablecoins, remittance innovation, and financial inclusion.
A Vote of Confidence from Pakistan’s Government
Pakistan’s Crypto Council, headed by entrepreneur Bilal bin Saqib, has a clear mission: build a regulatory framework that attracts foreign investment and empowers local developers.
Zhao’s experience with Binance, the world’s largest exchange by volume, makes him uniquely qualified to spearhead this transformation.
In Saqib’s words:
“Pakistan is done sitting on the sidelines. We want to attract international investment because Pakistan is a low-cost, high-growth market with a Web3-native workforce ready to build.”
Pakistan’s Crypto Potential: The Sleeping Giant Wakes
Pakistan has the perfect conditions for mass crypto adoption:
- A population of 240+ million, most under the age of 30
- A tech-savvy diaspora
- A remittance-heavy economy
- A struggling local currency
- A thriving black-market demand for USD
All these factors make it a textbook case for stablecoin utility, cross-border remittance solutions, and financial democratization.
📊 Crypto Adoption in Pakistan: Key Stats
These metrics underscore how Pakistan can become a regional leader in crypto usage, especially if supported by strong regulatory backing—which is precisely where Zhao fits in.
What Changpeng Zhao Brings to the Table
Zhao isn’t just a figurehead—he’s a technologist, builder, and strategist. As the Changpeng Zhao Crypto Advisor appointment takes effect, here’s what his influence is expected to bring:
1. Regulatory Guidance
CZ has navigated the toughest regulatory challenges across the U.S., Europe, and Asia. His ability to help Pakistan build a balanced, future-proof framework is unmatched.
2. Infrastructure Vision
Pakistan lacks the core infrastructure for secure crypto adoption—onramps, KYC systems, and localized stablecoin protocols. Zhao has led these builds at scale.
3. International Investment
CZ has deep-rooted relationships with institutional investors, blockchain protocols, and ecosystem players. His involvement could act as a magnet for global capital.
4. Public Confidence
Public trust is essential for crypto adoption. Having a globally recognized name like CZ advising Pakistan sends a strong message to both locals and the international market.
Stablecoins, Remittance, and Web3 Workforce
The Real Utility: Dollar Access via Stablecoins
With the Pakistani Rupee’s value in flux, USDT (Tether) and USDC have emerged as the go-to options for savings, transactions, and even salaries in the freelance sector. In the absence of regulated options, peer-to-peer trading via WhatsApp and Telegram is rampant.
With CZ’s advisory, we can expect:
- Licensed, regulated stablecoin channels
- Wallet solutions integrated with local banks
- Support for CBDC trials or private stablecoin frameworks
Pakistan’s Secret Weapon: A Web3-Ready Youth
According to local job platforms, blockchain development, crypto marketing, and DeFi engineering are among the fastest-growing tech job categories in Pakistan. CZ’s guidance could help:
- Launch national Web3 upskilling programs
- Connect local developers with global projects
- Foster partnerships with Layer-1 chains and dApps
Regional Context: Why Pakistan’s Move Matters
Pakistan isn’t the only South Asian country exploring blockchain:
However, Pakistan is the first to formally collaborate with a crypto heavyweight like CZ, giving it a strategic edge in establishing blockchain credibility at the global level.
Wrapping Up
Changpeng Zhao Crypto Advisor isn't just a title—it’s a turning point. Pakistan’s bold move signals a deep commitment to Web3 innovation and digital sovereignty.
With CZ’s leadership, the country is now poised to rewrite its financial future, attract global investment, and become a regional crypto powerhouse. The crypto world should be watching—closely.
FAQs
What is the role of Changpeng Zhao in Pakistan?
He has been appointed as Crypto Advisor to the Pakistan Crypto Council, guiding regulation, infrastructure, and adoption strategies.
Why is CZ’s appointment important for Pakistan?
His expertise and global network could help Pakistan attract foreign investment, regulate its crypto space, and develop localized blockchain infrastructure.
Will CZ’s past legal issues affect his advisory role?
Despite past legal challenges, Zhao remains one of the most respected names in crypto. His knowledge and connections are invaluable for Pakistan’s crypto journey.
What are stablecoins, and why are they relevant to Pakistan?
Stablecoins like USDT and USDC are digital assets pegged to the US Dollar. In Pakistan, where currency volatility is high, they are used to store value and send remittances securely.
Is crypto legal in Pakistan now?
Crypto is in a gray area but not explicitly banned. The formation of the Crypto Council and CZ’s appointment suggest regulation is coming soon.
What is the Pakistan Crypto Council?
It’s a new body formed under the Ministry of Finance to regulate and guide Pakistan’s digital asset economy, headed by Bilal bin Saqib.