Islamabad, April 9, 2025 — The founder of Binance, the world’s largest cryptocurrency exchange, Changpeng Zhao (CZ), is now a strategic adviser to the Pakistan Crypto Council (PCC). It shows that the nation is becoming notable in its achievement with digital currency and blockchain in finance.
CZ, who is a big name in crypto, left the post of Binance CEO in late 2023 to settle legal issues in the US. Despite these earlier problems, he has maintained his impressive skills and is still the most respected person in the industry. Apart from that, when working with the PCC, he will assist Pakistan in creating a crypto policy, regulatory framework, and infrastructure.
Indian Slams Modi On Crypto Decision: Political And Media Circle
Indian authorities have voiced their frustration with the partnership between Pakistan and CZ, who left his position as Binance CEO after the proceedings with the U.S. This also led to India’s Senior Finance Ministry official expressing his disapproval, saying, “It is a risky partnership. It discloses Pakistan’s intention to avoid international financial rules for some quick profit.”
Indian mass media reacted to the incident in a very critical manner. The newspapers’ headlines accused CZ of being “controversial” and reproached Pakistan for “getting along with the criminal leaders of the crypto world.”
On social media, people in India show hate for how the government is hurting crypto ideas. They are saying that Indian rules are strict and hard. Indians show frustration to their prime minister Nirendar Modi and say he is a failure. They slam Modi Over Missed Crypto Opportunities. Some say, “While Pakistan is making a new internet, India is taxing every trade at 30%.” Others ask, “Why is crypto not in Modi’s digital India?”
Many people using #ModiFailedCrypto and #Web3OutOfIndia want the rules changed. They think the high taxes and unclear rules are why crypto talent and money are going to other countries.
Pakistan Crypto Council Thankful To CZ
The Pakistan Crypto Council’s chief, Minister of Finance Muhammad Aurangzeb, who also holds the chair of the PCC, has remarked, “Thanks to CZ’s support, our goal is to responsibly incorporate blockchain into our economy and attract the arrival of global investment opportunities. This is a strategic decision that enables us to update our financial system.”