Pakistan Crypto Council Partners with Trump-Backed WLF
- Abeera Marium Siddiqui
- April 28, 2025
- 3:52 pm
- 40
- Business
Pakistan’s crypto partnership with World Liberty Financial (WLF) is helping shape the country’s digital future. WLF, backed by the U.S. President Donald Trump, has signed a major deal with the Pakistan Crypto Council (PCC). The goal is to boost blockchain innovation, grow stablecoin use, and expand decentralized finance (DeFi) services in Pakistan.
A WLF team visited Islamabad to complete the deal. The group included Zachary Folkman, Chase Herro, and Zachary Witkoff, son of Trump’s special envoy Steve Witkoff. They met leaders like the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Information Minister, and Defence Minister. Finance Minister Muhammad Aurangzeb and senior officials from the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), and IT Ministry joined through video link.
Areas Covered by Pakistan’s Crypto Partnership
Pakistan’s crypto partnership covers several key areas. First, they will create regulatory sandboxes to test blockchain financial tools. Second, they will support the growth of DeFi systems. Third, they will explore the tokenization of real-world items like real estate and goods.
Another goal is to boost stablecoin use for sending money and trading. They also plan to advise on building blockchain systems and following global rules.
Bilal Bin Saqib, CEO of PCC, shared his excitement. He said the deal is a smart step to empower young people and connect Pakistan to the future of finance. Leaders at WLF also praised Pakistan’s young, tech-driven population.
Pakistan’s Growing Crypto Scene
Pakistan already ranks among the top for crypto adoption. Each year, it records about $300 billion in crypto trades. Around 25 million Pakistanis use digital assets.
With 64% of the population under 30, Pakistan’s digital economy has huge potential.
Finance Minister Muhammad Aurangzeb praised the country’s strengths. He said, “Pakistan’s youth and technology sector are the country’s greatest strengths.” He added that Pakistan’s crypto partnership creates new chances for investment and innovation.
New Crypto Laws Coming
The government is working on new rules to legalize crypto trading. These steps will make Pakistan stronger in the global crypto space. A rise in mobile use, a booming freelance market, and government support are driving Pakistan’s shift toward Web3 technology.
At the signing ceremony, Federal Minister for Information Ataullah Tarar praised the progress. He said, “Pakistan offers vast opportunities in the crypto sector and has made impressive progress despite being a new player.” He added that the Pakistan Crypto Council would speed up growth across many fields.
Zack Vetkoff, co-chairman of WLF, also praised Pakistan’s energy. He said, “Pakistan is one of the fastest-emerging economies and WLF is thrilled to support its financial future.”
Pakistan’s crypto partnership with WLF moves the country closer to becoming a leader in crypto, fintech, and DeFi at the global level.
