YEREVAN (CoinChapter.com) —
Binance’s CZ, also known as Changpeng Zhao, has officially become a Strategic Advisor to the Pakistan Crypto Council, as reported by several local news sources. The development followed high-level meetings in Islamabad, where Zhao met with key government officials.
Reports indicate that Zhao’s appointment was finalized during talks with Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, and Finance Minister Senator Muhammad Aurangzeb. The focus was on shaping digital asset policy and promoting blockchain adoption across Pakistan.
Government officials from the Securities and Exchange Commission of Pakistan (SECP), the State Bank of Pakistan (SBP), and the Ministries of Law and Information Technology also attended the session. These meetings aimed to discuss the country’s crypto direction and explore future frameworks.
Pakistan Crypto Push Follows Kyrgyz Agreement
Changpeng Zhao has expanded his advisory roles in Central Asia by collaborating with Kyrgyzstan’s government to enhance its blockchain and cryptocurrency sectors. He signed a Memorandum of Understanding (MoU) with the National Investment Agency under President Sadyr Zhaparov, aiming to develop the nation’s Web3 infrastructure and provide technical expertise in blockchain technologies.
A significant aspect of this collaboration is the introduction of the A7A5 stablecoin, pegged to the Russian ruble. Issued by the Kyrgyz company Old Vector, A7A5 is designed to integrate blockchain technology into Kyrgyzstan’s financial system and attract investment in the digital asset market. The stablecoin is available for trading on the regulated Meer Exchange, with plans for future listings on decentralized platforms.
This initiative reflects Kyrgyzstan’s commitment to becoming a regional crypto hub. The government has implemented comprehensive legislation regulating digital assets, covering aspects from exchanges to token issuers. This legal framework aims to provide transparency and security in the country’s cryptocurrency market.
Binance Founder Maintains Global Advisory Work
Although Binance’s CZ stepped down as Binance CEO, he continues to advise governments worldwide on blockchain adoption and crypto frameworks. His engagement in Pakistan crypto discussions fits within this ongoing advisory pattern.
No financial agreements or projects have been officially linked to Binance or its operations in Pakistan as of this report. The nature of CZ’s advisor role remains strategic, focusing on regulation and tech guidance.
Notably, this is part of a series of advisory roles Changpeng Zhao has taken since his exit from Binance. He has remained active in regulatory and infrastructure planning, especially in regions exploring large-scale crypto adoption.