CZ: Pakistan Could Lead Global Crypto by 2030 at Current Pace
Former Binance CEO Changpeng “CZ” Zhao said Pakistan could become a leading market for digital assets by 2030 if the country maintains its current momentum on regulation and adoption. Speaking with Pakistan Crypto Council CEO Bilal bin Saqib, Zhao credited national leadership for responding to demand from a young, tech-oriented population and said the current pace could place Pakistan among the top crypto jurisdictions within five years.
The conversation was shared by the Pakistan Virtual Assets Regulatory Authority (PVARA) on X on December 30, 2025. Zhao serves as a strategic adviser to the crypto council.
In 2025, Pakistan moved to formalize its digital asset framework by establishing PVARA, authorizing crypto exchanges Binance and HTX to operate domestically, initiating the buildout of a Bitcoin (BTC) reserve, and examining real-world asset tokenization to attract foreign investment and improve market liquidity.
Tokenization plans and market access
Asked about tokenizing Pakistan’s stock market, Zhao said tokenized shares could broaden participation by enabling global investors to purchase digital representations of local equities, effectively channeling direct investment into Pakistani companies. He added that jurisdictions implementing tokenization earlier are likely to capture the most benefits and encouraged swift execution.
Pathways for entrepreneurs and smaller firms
Zhao noted that blockchain offers lower barriers to entry compared with traditional banking and artificial intelligence, which typically require licenses, extensive datasets, and significant computing resources. By contrast, open crypto networks allow global participation. “The blockchain will never reject you,” he said, while calling for expanded educational programs, university partnerships, and incubators to support ongoing innovation.
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