‘Clear message’: Can Binance founder help Pakistan become a crypto power? | Crypto News
Islamabad, Pakistan – Call it a crypto coup.
Flanked by Pakistan’s flags, Changpeng Zhao, founder of Binance, the world’s largest cryptocurrency exchange, on Monday signed on to become an adviser to the country’s newly formed regulator for the sector.
After being skittish about digital currencies for years, Islamabad in March launched the Pakistan Crypto Council (PCC), aimed at embracing innovation in the sector, while also creating a regulatory framework which protects investors and the financial system.
By convincing one of the sector’s biggest names to join as an adviser to the PCC, Prime Minister Shehbaz Sharif’s government appears eager to signal an openness to crypto at a time when the global economy is in major…
