Zhao emphasized Pakistan's demographic advantage, noting that over 60% of its 240 million population is under 30 years old, which presents vast potential for crypto growth.

The PCC, established in March 2025, consists of high-ranking officials, including the governor of the State Bank of Pakistan, reflecting strong government support for crypto initiatives.

Increased formal remittance flows to Pakistan have been noted following these crackdowns, indicating a shift toward official channels for sending money.

On April 7, 2025, Pakistan appointed former Binance CEO Changpeng Zhao (CZ) as an advisor to its newly formed Pakistan Crypto Council (PCC), aiming to enhance regulatory frameworks and infrastructure for digital assets.

Bilal Bin Saqib, CEO of the PCC, stated that Pakistan aims to create a clear regulatory framework for digital assets to attract foreign investment and strengthen its economy.

This announcement, confirmed by Pakistan's Ministry of Finance, is seen as a strategic move to bolster regulation, education, and adoption of cryptocurrencies in the country.

Zhao's involvement is expected to boost investor confidence and attract international businesses to Pakistan's evolving crypto landscape.

Despite warnings from the central bank about risks in crypto trading, interest continues to grow among the population, evidenced by increased formal remittance values amid a crackdown on black market dollar trades.

The country's sizable tech workforce and significant remittance market, totaling approximately $35 billion annually, enhance its attractiveness for crypto development.

The Pakistani government is dedicated to fostering a favorable environment for digital finance and blockchain innovation, which is expected to contribute to national economic growth.

Saqib expressed confidence in Zhao's guidance, highlighting his influence in transforming financial perceptions globally.

Zhao's role involves advising on crypto regulatory frameworks and blockchain solutions, emphasizing his commitment to building secure digital finance ecosystems.