Binance founder and billionaire Changpeng Zhao was appointed as a strategic advisor to the Pakistan Crypto Council (PCC) on Monday, according to a press release from the Finance Division.
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The Pakistan Crypto Council (PCC) was officially launched last month with the aim of regulating and integrating blockchain technology and digital assets into the nation’s financial ecosystem.
On February 25, following a key meeting between Finance Minister Muhammad Aurangzeb and an international delegation, the Ministry of Finance announced plans to explore the creation of a “National Crypto Council” to embrace digital currencies in alignment with global innovation trends. By March, entrepreneur Bilal Bin Saqib had been appointed as the chief adviser to the finance minister for the council.
In a press release issued today, the government revealed a major development: Binance founder and crypto billionaire Changpeng Zhao has been appointed as a strategic advisor to the PCC—a move described as “groundbreaking” and one that could significantly impact the global crypto landscape.
The announcement was made during a high-level meeting between Zhao and PCC officials, chaired by Finance Minister Aurangzeb and attended by key government stakeholders. Zhao also held separate discussions with Prime Minister Shehbaz Sharif and Deputy Prime Minister Ishaq Dar.
“This is a historic milestone for Pakistan,” Aurangzeb said. “We’re signaling to the global community that Pakistan is ready to embrace innovation. With Zhao’s expertise, we’re fast-tracking our ambition to become a regional hub for Web3, digital finance, and blockchain-powered growth.”
PCC CEO Bilal Bin Saqib echoed this sentiment, stating: “Pakistan is stepping confidently into the future of finance. And who better to guide us than Changpeng Zhao—the visionary who built the world’s largest cryptocurrency exchange and redefined financial freedom for billions.”
According to the press release, Zhao’s role as Strategic Advisor will involve guiding the council on regulatory frameworks, technological infrastructure, public education, and widespread adoption of crypto solutions. He will collaborate closely with both government entities and private sector players to establish a compliant, inclusive, and globally competitive crypto ecosystem in Pakistan.
“Pakistan is home to over 240 million people, with more than 60% under the age of 30. The untapped potential here is extraordinary,” Zhao said.
The announcement positions Pakistan alongside forward-thinking nations like Singapore, Dubai, and Switzerland—signaling its commitment to becoming a Web3-ready country and a serious player in the future of decentralized finance.
