In the most recent X post, the former Chief Executive Officer of Binance, Changpeng Zhao, said that he has joined the Pakistan Crypto Council as an advisor to back crypto education in the nation.
With the appointment of Zhao, Pakistan aims to educate and employ 20 million out-of-school children. The post of Binance ex CEO also says, “ Did you know that Pakistan is the 5th most populous country in the world? With an average age of 24, plus 100% internet coverage, it’s an active crypto market.”
Zhao joined as an advisor under high-level meetings by the FM
As per available reports, Mohammad Aurangzeb, the Finance Minister of Pakistan, headed the meeting, with the attendance of officials of SBP, SECP, and a few others from the information ministry.
Over the past few years the adoption of crypto in Pakistan has marked many unprecedented milestones with currently more than 20 million residents of the nation having an exposure to cryptocurrencies.
Especially after the historic victory of Donald Trump in the U.S presidential elections, nations like India and others including Pakistan have announced a reconsideration in the rules and regulations for digital assets.
According to data from CoinMarketCap, Bitcoin is one of the most viewed cryptocurrencies in Pakistan, followed by PI, Solana, Ethereum, Dogecoin, Official Trump, and SUI.
Most recently in a Geo News talk show, Bilal Bin Saqib said, “ Around 20 million crypto users are in Pakistan,” he added “ We are coming on number three and four globally and there are many blockchain technology opportunities in Pakistan.”
However Pakistan has closely worked over taxing cryptocurrencies in order to bailout the loans and other debts from IMF and similar bodies.
It is worth noting that Pakistan has been accused of facilitating illicit transactions in cryptocurrencies, and it has also been reported that the bad actors in the nation.
In the initial days of the Russia-Ukraine war, it was reported that terrorist groups and organizations had received huge funding in cryptocurrencies, especially in stablecoins such as USDT.
Crypto market price updates
Until publishing the crypto market cap was $2.51 trillion with a surge of 3.47% and Bitcoin was up by 3.31% in the past 24 hours, yet it faced a strong rejection on April 06 and April 07 as it was recorded below $74,567.
The intraday gainers list has been ruled by Cointel, AI Companions, Ghibli ZAO, Bitcoin, Neurashi and XRP. At the same time the losers are Berachain, GUNZ, SPX6900, Funtoken, Near, Walrus and SUPRA.
The crypto fear and greed index has shown a slight recovery, as when writing, it was at 19, which was recorded at 16 on April 07, 2025.
