Pakistan Launches Crypto Council with Binance CZ as Key Advisor

Pakistan has taken a groundbreaking step in crypto regulation by establishing the Pakistan Crypto Council (PCC) in March 2025. Led by the Prime Minister with Binance Changpeng Zhao (CZ) as strategic advisor, the council aims to align blockchain innovation with global standards.

In a landmark move signaling its ambition to become a regional leader in blockchain adoption, Pakistan officially launched the Pakistan Crypto Council (PCC) in March 2025. The council serves as the country’s primary regulatory body for cryptocurrency oversight and blockchain development, tasked with bridging innovation and compliance.

The leadership of the PCC underscores its national importance: the Prime Minister of Pakistan chairs the council, while Bilal Bin Saqib has been appointed as its Chief Executive Officer. Most notably, Binance founder and former CEO Changpeng Zhao (CZ) has joined as the strategic advisor, lending international expertise to Pakistan’s crypto regulatory framework.

The PCC’s mandate is broad, extending from the creation of policy guidelines for digital assets and stablecoins to facilitating blockchain integration across industries. The council is also charged with harmonizing Pakistani crypto regulations with global standards such as FATF recommendations and MiCA-inspired compliance frameworks.

Industry observers describe this initiative as a unique fusion of state-driven regulation and private-sector expertise. While many governments remain cautious about crypto adoption, Pakistan’s direct involvement in creating a formal regulatory council is viewed as a bold step toward legitimizing the sector. The presence of CZ as an advisor adds significant weight, given his experience building the world’s largest crypto exchange and navigating complex global regulatory environments.

Analysts highlight that Pakistan’s move may also serve as a blueprint for other developing nations seeking to balance financial innovation with oversight. If successful, the PCC could help unlock blockchain potential in areas such as remittances, cross-border trade, financial inclusion, and digital identity systems.

The establishment of the PCC marks a turning point not just for Pakistan but for the wider South Asian region, signaling that crypto is no longer on the fringes of economic planning but a core element of future financial strategy.

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