Pakistan is turning to Changpeng Zhao, founder of Binance, for guidance as the nation seeks to navigate its struggling stock market and explore the potential of crypto. Zhao’s appointment with the Pakistan Crypto Council (PCC) comes at a crucial time when the country grapples with economic challenges and seeks to attract foreign investment. The PCC, formed in March 2025, aims to integrate digital assets and blockchain technology into Pakistan’s economy, and Zhao’s expertise will be instrumental in shaping regulations that foster innovation while adhering to international standards like FATF guidelines for preventing money laundering and terrorism financing. Zhao’s appointment signals Pakistan’s ambition to become a leading hub for crypto activities, including decentralized finance (DeFi) and tokenization. His knowledge and experience are expected to guide the council on creating policies that encourage growth, stability, and regulatory compliance.