Jul 27, 2025
.png){kind=logo}
Pakistan's crypto industry gets a boost as World Liberty Financial partners with local council to promote blockchain innovation, stablecoin use, and DeFi growth, targeting massive crypto adoption with its young tech-savvy population.
In a significant move, the Pakistan Crypto Council has reached an in-principle agreement with World Liberty Financial, a project backed by former US President Donald Trump. This collaboration aims to accelerate the integration of cryptocurrency and blockchain development in Pakistan, a country that has emerged as a key player in the global cryptocurrency landscape.
With approximately 25 million crypto users and annual trading volumes of $300 billion, Pakistan ranks ninth globally in terms of crypto adoption, according to Chainalysis. This partnership is poised to further boost the country's growing crypto industry.
The agreement establishes World Liberty Financial as a support partner for the Pakistan Crypto Council to establish regulatory sandboxes that assess blockchain-based products. These specially designated testing areas provide protected circumstances for startups to create and test their solutions.
Stablecoin applications, international remittance processing, and trade-based use cases will become the focus of their partnership development. Remote workers who send remittances to Pakistan through stablecoin applications would experience lower transaction expenses and increased transaction speed. Within their operations, World Liberty will examine tokenization protocols for real-world assets and initiatives to develop decentralized finance (DeFi) systems in Pakistan.
World Liberty co-founders Zach Witkoff, Zak Folkman, Chase Herro and Pakistan's central bank governor, finance minister Muhammad Aurangzeb, and IT secretary participated in the signing at a conference. The partnership reveals Pakistan's emerging method of securing its leadership role in blockchain technology development.
The Pakistan Crypto Council announced the appointment of Changpeng Zhao as a strategic advisor, following his resignation as CEO. Zhao's extensive knowledge will support Pakistan's development of financial regulatory policies that promote digital innovation and protect economic security.
Zhao's gathering with World Liberty founders demonstrates the complete partnership between all participating organizations. With the support of government authorities, the Pakistan Crypto Council oversees crypto regulations and implements strategies that attract foreign capital flows and promote technological integration.
Pakistan’s Federal Investigation Agency introduced a regulatory plan for cryptocurrencies when it presented its proposal to the national legislature this month. The plan targets the prevention of terrorism financing while aiming to stop money laundering activities and implement the Know Your Customer (KYC) measures. Constitutional amendments and industry discussions with active crypto businesses must be completed before the proposed legislation can take effect. The project will commence its execution in 2026, following multiple stages.
This coordination among state institutions reveals a new direction in Pakistan's approach to cryptocurrency. Finance Minister Aisha Ghaus Pasha announced in May 2023 that Pakistan would not take steps to legalize Bitcoin due to concerns over Financial Action Task Force (FATF) regulations.
FIA Director Sumera Azam leads efforts to achieve technological progress without compromising national security standards. Finance Minister Muhammad Aurangzeb emphasized how Pakistan's youth, combined with its technology sector, will direct the development of the country's blockchain economy. ListGroup considers its young population, constituting 60%, to serve as the backbone propelling Pakistan toward its digital future.
