Binance founder Zhao to help Pakistan boost crypto trading bid
Crypto trading is steadily gaining traction among Pakistan’s 230-million population despite its central bank’s warning over the risks posed by the industry
[CHITTAGONG] Pakistan has roped in Zhao Changpeng ( CZ), the co-founder of the world’s largest crypto exchange Binance, to set up a globally competitive platform for digital finance in the South Asian nation.
Binance’s Zhao will guide Pakistan’s newly-formed Crypto Council on regulation, infrastructure, education and adoption as a strategic advisor, according to a statement issued by the finance ministry.
The appointment comes at a time when Pakistan is desperately looking for investments to bolster the country’s economy that dodged a financial default in 2023. The…
