AsianFin -- Changpeng “CZ” Zhao, the former CEO of Binance, has been appointed as a strategic advisor to Pakistan’s newly established Crypto Council. The council, which launched in March 2025, is part of the country’s initiative to position itself as a regional leader in blockchain and digital asset innovation.

Zhao’s appointment follows the council’s inaugural meeting held on March 21. In a post on social media, Zhao emphasized that his advisory role is strictly focused on supporting Pakistan in developing crypto regulations and blockchain-based solutions, noting that he will not be involved in any political affairs.

The Pakistan Crypto Council was created to help attract foreign investment through the development of clear regulatory frameworks, robust digital infrastructure, and education initiatives. The council is tasked with encouraging broader adoption of digital assets and fostering a secure, transparent environment for blockchain-related finance and technology.

Bilal Bin Saqib, CEO of the Crypto Council, stated that Pakistan’s goal is to build a favorable legal ecosystem to draw in global investors and promote institutional use of blockchain technology. “We want to be at the forefront of digital innovation in South Asia,” Saqib said, highlighting the council’s long-term vision for financial inclusion and technological leadership.

Zhao’s involvement comes amid a global wave of regulatory reform around digital assets, with governments—especially the United States under President Trump—increasing scrutiny on the crypto industry. Pakistan’s move signals its intent to proactively shape its own digital economy, leveraging international expertise to build trust and drive growth in the rapidly evolving sector.