Changpeng Zhao, founder of Binance, joins the Pakistan Crypto Council (PCC) as a consultant in the midst of a collapse of the Pakistan stock market. The KSE-100 index dropped by 3,882 points, triggering switches that saw temporarily interrupted trading. Will Crypto and Blockchain guide growth and investments?
Changpeng Zhao, the founder of Binance, the greatest exchange of cryptocurrency in the world for customer count, is an icon.
Its platform was fundamental in moving millions of people in the sector, allowing the exchange of without a solution of thousands, if not tens of thousands, of activities, including some of the Best Meme coins to be purchased in 2025. Binance is also behind one of the greatest blockchain ecosystems, the BNB chain.
Currently, BNB, the coin that feeds the BNB chain, is located in the Top 5, more than 100 times since its launch in 2018.
(Bnbusdt)
The founder of Binance Changpeng Zhao (CZ) to recommend the Pakistan Crypto Council (PCC)
So, when news It broke that Zhao, who resigned from CEO of Binance in 2023, would join the Crypto Council of Pakistan (PCC) as a consultant, there was an excitement.
The move of the Pakistani government to bring Zhao on board as a consultant is strategic and arrives in a fundamental moment for the country, above all because it browsing a crisis of a paralyzing share market.
Pakistan is also intensifying efforts to attract foreign investments and part of this involves updating its financial infrastructure using Blockchain technology.
The mission of the PCC
The Pakistani cryptocurrency council, established in March 2025, is an initiative supported by the government to integrate digital resources and blockchains in the Pakistan economy.
With Zhao as part of the PCC, it clearly indicates that Pakistan is committed to becoming a regional hub through various crypt frontiers, including defi and tokenization.
“Pakistan is opening its doors to the future of finance,” said Bilal Bin Saqib, CEO of the Pakistani cryptocurrency council. “And who is better to guide us on this journey compared to CZ, a pioneer who has built the largest exchange of cryptocurrencies in the world and has changed the way billions think about financial freedom.”
Zhao will advise PCC on the development of cryptographic regulations. The PCC will also guide the Blockchain and cryptocurrency infrastructure, the tip education efforts and will promote the adoption of Blockchain technology.
In a interviewSaqib said that Zhao’s intuitions and the cryptographic experience will be “precious” since the country wants to be the capital of the crypt of southern Asia.
The goal is to create laws that favor innovation while remaining compliant with international standards, in particular the guidelines of the Action Task Force (Fatf) Task Force for Antirricla recycling (AML) and anti -terrorism (CTF) financing.
Pakistan Stock Market (PSX) in the free fall
The founder of Binance will begin its role as a crypt and global share markets will face the pressure.
After the anguish of April 7, the Pakistan bag (PSX) crash—S with activated circuit switches.
The trade stopped in the Pakistan stock exchange
– Inusual_whales (@unusual_whales) April 7, 2025
With the KSE-100 index drops by 3,882 points to close at 114,909, you want stability.
Although the markets stabilized by the end of the day, the dip could continue this week while the market digested the impact of the rates of Donald Trump and the growing commercial wars with China and the European Union. There are also concerns about the inflation and stability of the currency.
Yesterday, the energy, banking and industrial sectors in Pakistan conducted the recession.
In particular, the development society of oil and gas (OGC) and Pakistan Petroleum Limited (PPL) has recorded enormous losses due to weak profits and in decline in investors’ safety.
Meanwhile, Hub Power Company (Hubco) and Pakistan Oilfields Limited (Pol) have further dragged the KS-100 index.
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Crypto as an instrument of counterbalance
The market accident adds urgency to the mission of the PCC and Crypto could act as a perfect counterweight.
Some of The best cryptovans to buyLike Bitcoin and BNB, for example, they can be used for diversification, allow capital flow and a growing financial inclusion.
“The goal is to create confidence, encourage investments and transform financial infrastructures, not only for cryptocurrency traders but for Pakistani and daily entrepreneurs,” said Bilal Saqib, CEO of PCC.
In a cryptographic jurisdiction that Pakistan is striving To create, the adoption of Blockchain can guide innovation and even cushion the economy during periods of high volatility.
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Changpeng Zhao (CZ) of Binance joins the Pakistan Crypto Council while PSX crashes
- Changpeng Zhao, the founder of Binance, joins the Crypto Pakistan Council as a councilor
- Zhao’s experience and experience will help Pakistan develop clear cryptographic laws that guide innovation and attract foreigners investment
- The Pakistan stock market collapses while the KS-100 index drops by 3,882 points between the fears of the global commercial war
- Energy and banking sectors publish enormous losses, since trade is temporarily interrupted after the activation of switches
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