Binance Co-Founder Changpeng Zhao Advises Pakistan on National Crypto Strategy

Pakistan has taken a significant step towards integrating digital assets into its financial system by appointing Binance co-founder Changpeng Zhao (CZ) as a strategic advisor to its Crypto Council. This move highlights the country’s growing interest in cryptocurrency and its potential to shape the future of finance in Pakistan. CZ will provide guidance on critical areas such as regulation, infrastructure, education, and adoption, as the government aims to build a globally competitive crypto ecosystem.

Pakistan Taps Changpeng Zhao to Help Shape National Crypto Strategy

Pakistan has appointed Binance co-founder Changpeng Zhao as a strategic advisor to its Crypto Council. This move signals Islamabad’s growing interest in integrating digital assets into its financial system. Zhao, better known as “CZ” in the crypto world, will guide the council on key areas including regulation, infrastructure, education, and adoption. The appointment comes amid the government’s push to build a globally competitive digital finance platform and attract foreign investment after narrowly avoiding a financial default in 2023. Finance Minister Muhammad Aurangzeb stated that with CZ onboard, Pakistan aims to accelerate its vision to become a regional powerhouse for Web3, digital finance, and blockchain-driven growth.

Binance Tax Evasion Case in Nigeria Adjourned to April 30

A Nigerian court has postponed a high-profile tax evasion case against Binance to April 30. The crypto exchange is challenging the legality of how it was served court documents. Binance’s legal counsel argued that the tax authorities, Federal Inland Revenue Service (FIRS), did not get court approval to serve documents outside Nigeria and that the order allowing substituted service was invalid. Binance is registered in the Cayman Islands and does not have a physical office in Nigeria.