In a bold leap forward for the country’s digital and financial future, the Pakistan Crypto Council (PCC) has achieved remarkable global traction just 50 days after its official launch on March 14, 2025. The newly formed body is already being recognized for positioning Pakistan as an emerging leader in the fast-evolving world of cryptocurrency, blockchain infrastructure, and digital asset regulation.
In a statement released on Sunday, the PCC highlighted its unprecedented pace of execution and partnership-building, stating: “While most state institutions take years to move past roundtables and MOUs, PCC has executed, signed, and scaled, placing Pakistan at the centre of one of the fastest-growing industries of the century.”
One of the most significant milestones in PCC’s short but impactful timeline has been the appointment of Changpeng Zhao (CZ), the founder of Binance—the world’s largest cryptocurrency exchange—as a strategic advisor. With Binance valued at over $60 billion and CZ previously reported to have a net worth exceeding $100 billion, his involvement is a major endorsement of PCC’s global ambitions. CZ brings unparalleled expertise in the domains of crypto infrastructure, global compliance, and blockchain adoption.
Adding further weight to its international credibility, the PCC signed a Letter of Intent with World Liberty Financial (WLF), a blockchain initiative supported by former U.S. President Donald Trump. The WLF delegation was led by Zachary Witkoff, son of prominent U.S. real estate mogul Steve Witkoff and a former member of Trump’s Middle East peace team. This landmark agreement marks the first time a U.S.-backed blockchain project has formalized such a partnership with any Pakistani institution.
The collaboration with WLF is expected to accelerate the adoption of stablecoins, decentralized finance (DeFi) protocols, and cross-border blockchain infrastructure within Pakistan. By embracing such technologies, PCC is transitioning Pakistan from a passive observer to an active regional player in the digital finance landscape.
While neighboring India has taken a more restrictive stance—imposing heavy taxation and limiting crypto development—Pakistan’s proactive and inclusive approach is attracting attention from global investors, developers, and blockchain innovators. The PCC’s model is lean, focused, and execution-oriented, enabling it to make significant progress in a very short span of time.
In line with its diplomatic efforts, PCC CEO Bilal Bin Saqib met with Malaysian Foreign Minister Mohamad bin Hajji Hasan in Kuala Lumpur to explore collaboration in blockchain technology, Shariah-compliant finance, and digital assets. The meeting laid the groundwork for a Pakistan-Malaysia Digital Finance Partnership aimed at co-developing FATF-compliant frameworks for digital asset innovation.
Moreover, the PCC is actively engaging with international Bitcoin mining companies to capitalize on Pakistan’s surplus electricity. Potential sites across the country are being evaluated for the establishment of AI data centers and mining farms. In parallel, discussions are underway with real-world asset tokenization firms to digitize land, commodities, and other tangible assets.
The Council is also in the final stages of crafting a comprehensive, FATF-compliant regulatory framework. Developed with the input of international experts, the framework emphasizes risk-based compliance, robust AML/KYC standards, and sustainability-focused policies. The goal is to implement a regulatory roadmap faster than most nations in the Global South.
The PCC’s strategic outreach has captured the attention of several global blockchain leaders. Justin Sun, founder of TRON—a top-10 blockchain network valued at over $24 billion—has accepted an invitation to visit Pakistan, alongside a host of other international innovators and institutional partners.
At a time when many countries are grappling with the challenges of crypto regulation, Pakistan is seizing the opportunity to lead. With PCC at the helm, the nation is setting the stage for a future where digital assets play a central role in economic growth, innovation, and cross-border collaboration.
