Tuesday, April 29, 2025

Pakistan Crypto Council Partners with Trump-Backed WLF to Boost Blockchain and Crypto Adoption

In a groundbreaking move for the cryptocurrency ecosystem in Pakistan, the Pakistan Crypto Council (PCC) has entered into a partnership with World Liberty Financial (WLF), a decentralized finance (DeFi) platform backed by former U.S. President Donald Trump. The collaboration aims to accelerate blockchain innovation, the adoption of stablecoins, and the integration of decentralized finance (DeFi) across Pakistan, marking a major milestone in the country’s digital finance landscape.

The partnership was formalized through the signing of a Letter of Intent (LOI) between the two parties, with a delegation from WLF meeting Pakistan’s key leadership figures, including Prime Minister Shehbaz Sharif, Chief of Army Staff General Qamar Javed Bajwa, Deputy Prime Minister, Minister of Information, and Minister of Defence. This high-level engagement signals the strong commitment of both WLF and Pakistan’s government to position the country as a global leader in the evolving digital finance space.

Pakistan has long been regarded as a rising player in the global cryptocurrency market, with one of the most digitally inclined youth populations in the world. Over 64% of Pakistan’s population is under the age of 30, and the country has witnessed massive growth in cryptocurrency adoption, ranking among the top nations in global crypto transactions. The latest figures estimate $300 billion in annual crypto transactions, with around 25 million active users. This has created a fertile ground for crypto businesses and innovations to flourish.

The government of Pakistan has also signaled its plans to soon introduce comprehensive cryptocurrency legalization policies, which are expected to provide much-needed regulatory clarity for the sector. As part of this cooperation, the PCC and WLF plan to collaborate on several strategic initiatives, including the establishment of regulatory sandboxes for blockchain financial product testing, the responsible growth of DeFi protocols, and the tokenization of real-world assets such as real estate and commodities. Additionally, they will explore the expanded use of stablecoins for remittances and trade, alongside offering strategic advice on blockchain infrastructure and global regulatory trends.

Pakistan’s vibrant freelance economy, increasing mobile penetration, and strong government interest in blockchain technologies present significant opportunities for the country to leverage digital finance for growth. With more and more youth entering the Web3 space, the partnership between PCC and WLF seeks to empower the next generation of innovators and entrepreneurs to lead Pakistan into the future of decentralized finance.

Finance Minister Muhammad Aurangzeb emphasized the importance of youth and technology in driving Pakistan’s future economic growth. He stated, “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.”

Bilal Bin Saqib, CEO of the Pakistan Crypto Council, echoed this sentiment, stating, “Our collaboration with World Liberty Financial is more than just a partnership—it’s a strategic move to empower our young population and integrate Pakistan into the future of global finance.” The collaboration is expected to bring about a significant transformation in Pakistan’s financial ecosystem, making it more inclusive and globally connected.

This partnership between the Pakistan Crypto Council and World Liberty Financial represents a pivotal moment for the future of blockchain and crypto adoption in Pakistan, as both local and global players join forces to advance the country’s digital economy. As regulatory clarity emerges, Pakistan is poised to become a key player in the blockchain revolution, with its youth at the forefront of the next wave of Web3 innovation.

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