Pakistan’s Crypto Revolution: CZ Zhao Takes the Helm! 🚀💰

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In a twist of fate that could only be penned by the hand of a whimsical author, the illustrious Changpeng “CZ” Zhao, erstwhile sovereign of Binance, has been summoned to serve as a sage adviser to the newly minted Crypto Council of Pakistan. This appointment arrives as Pakistan, in a fit of audacious ambition, prepares to embrace the glittering world of cryptocurrency, hoping to lure global capital like a moth to a flame. 🦋💸

Ah, the winds of change! Pakistan, once a bastion of anti-crypto sentiment, is now embarking on a grand policy overhaul, as if awakening from a long slumber, rubbing its eyes and declaring, “Why not?”

CZ Joins Pakistan’s Crypto Council (PCC)

According to the ever-reliable Bloomberg, the former czar of Binance, Changpeng “CZ” Zhao, has been appointed as a strategic adviser to the illustrious Pakistan Crypto Council (PCC). His role? To sprinkle his wisdom on matters of regulation, infrastructure, and the adoption of this digital sorcery. The PCC, birthed in the spring of 2025, aims to shepherd the nation into the brave new world of blockchain and cryptocurrencies, as if it were a flock of sheep led by a particularly savvy shepherd.

In a press release that could rival the most dramatic of theatrical productions, Pakistan’s Finance Ministry confirmed CZ’s appointment, declaring:

“As an official Strategic Advisor to the Council, CZ will provide guidance on regulation, infrastructure, education, and adoption. He will work closely with the Government of Pakistan and the private sector to create a compliant, inclusive, and globally competitive crypto ecosystem.”

“This is a landmark moment for Pakistan,” proclaimed Senator Muhammad Aurangzeb, the Finance Minister and Chairman of the PCC, as if he were announcing the arrival of a new messiah. 🙌

He added, with a flourish:

“We are sending a clear message to the world: Pakistan is open for innovation. With CZ onboard, we are accelerating our vision to make Pakistan a regional powerhouse for Web3, digital finance, and blockchain-driven growth.”

Pakistan Pivots to Attract Global Capital

In a move that could make even the most seasoned political strategist raise an eyebrow, Pakistan is undertaking a significant policy shift, legalizing crypto and preparing to unveil a legal framework for its use in foreign investment. The winds of change are blowing, and they carry whispers of opportunity.

In March 2025, Bloomberg reported on Pakistan’s audacious plans to legalize cryptocurrency, a revelation confirmed by none other than Bilal Bin Saqib, Chief Advisor to the Finance Minister, in an interview that could have been scripted by a master playwright.

According to Saqib, this initiative is part of a grand design to attract global capital, offering a clear, regulated environment for crypto-based investment. In his Bloomberg interview, he boldly declared:

“Pakistan is done sitting on the sidelines. We want to attract international investment because Pakistan is a low-cost high-growth market with 60% of the population under 30. We have a Web3 native workforce ready to build.”

Ah, the irony! Just two years prior, the government had threatened to ban crypto services, firmly planting its flag in the anti-crypto camp. Yet here we are, witnessing a remarkable metamorphosis. 🦋

Pakistan’s newfound pro-crypto sentiment is as palpable as the scent of fresh bread from a bakery. With a youthful population eager to embrace the digital age, and under the guidance of one of the most influential figures in Web3, the nation is poised for success.

Bilal Bin Saqib, the chief advisor to the Finance Minister and also the CEO of the PCC, waxed poetic about CZ’s appointment, stating:

“Pakistan is opening its doors to the future of finance. And who better to guide us on this journey than CZ — a pioneer who built the world’s largest crypto exchange and changed the way billions think about financial freedom.”

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2025-04-10 19:11