CZ: Pakistan’s Fast-Moving Crypto Push Could Make It a Global Leader by 2030
Pakistan’s rapid progress in cryptocurrency adoption and regulation could position the country among the world’s leading crypto hubs within the next five years, according to Changpeng “CZ” Zhao, the former chief executive of Binance.
Speaking in a recent conversation with Bilal bin Saqib, CEO of the Pakistan Crypto Council, Zhao praised the country’s leadership for moving decisively to address growing demand for digital assets, particularly among its young and technologically engaged population.
Zhao said Pakistan’s size, combined with its pace of regulatory and ecosystem development, sets it apart from many markets that have been slower to act. Maintaining this momentum, he suggested, could elevate the country to the ranks of global crypto leaders by the end of the decade. Zhao currently serves as a strategic adviser to the Pakistan Crypto Council.
Rapid progress in 2025
Pakistan has made several notable moves in 2025 to formalize its digital asset sector. These include the creation of the Pakistan Virtual Assets Regulatory Authority, the approval of major international exchanges such as Binance and HTX to operate locally, and the development of a national Bitcoin reserve. Authorities have also begun exploring the tokenization of real-world assets as a way to attract foreign capital and improve market liquidity.
Zhao expressed optimism about these initiatives, highlighting tokenization as a particularly powerful tool for expanding Pakistan’s access to global investors, according to Cointelegraph.
Tokenization as a gateway to global capital
According to Zhao, tokenizing assets such as equities could significantly broaden participation in Pakistan’s markets by allowing international investors to gain exposure more easily.
By converting traditional assets into blockchain-based tokens, he said, countries can open their markets to a global audience, effectively lowering barriers to entry for foreign investment. Zhao added that early adopters of tokenization are likely to benefit the most, encouraging Pakistan to move swiftly in implementing such frameworks.
Opportunities for entrepreneurs and small businesses
Zhao also emphasized the potential of blockchain technology to empower entrepreneurs and smaller players in the economy. Compared with traditional banking or artificial intelligence, he noted, blockchain-based businesses often require fewer resources to get started.
While launching a bank or building an AI company typically demands significant capital, infrastructure, and data, blockchain projects operate in a virtual environment that is more accessible to individuals and startups.
However, Zhao stressed that education will be critical to sustaining growth, calling for stronger university programs, incubators, and training initiatives to nurture local talent.
