Crypto progress

By News Desk
May 28, 2025
Crypto progress

Pakistan is steadily developing in the technological world, breaking its prolonged status of technological backwardness. All this is happening in the face of its new leadership role in the global digital economy in the form of the Pakistan Crypto Council. Established in March 2025, the council is now attracting strategic global partnerships, becoming a crypto powerhouse within a short span of time. The PCC has, thus far, secured the services of the CEO of Binance, the world's largest cryptocurrency exchange, as an adviser and World Liberty Financial (WLF) – the decentralised finance (DeFi) platform backed by US President Donald Trump – has signed a landmark Letter of Intent with the PCC to accelerate blockchain innovation, stablecoin adoption and decentralised finance (DeFi) integration across Pakistan.

This will help enhance US-Pakistan strategic partnerships in crypto. The overall benefits of this digital revolution will transform Pakistan's administrative functioning. From boosting tax revenues to promoting digital economy in the remote areas, providing an opportunity to farmers and small businesses to have access to global markets and microfinance. The PCC also aims to turn Pakistan's energy burden into an economic asset. These developments are reshaping Pakistan's administrative and economic outlook, providing it an opportunity to break the outdated perception about the country globally.

Shaik Murtaza

Quetta