Former Binance CEO Changpeng Zhao has joined the Pakistan Crypto Council as an advisor, aiming to enhance cryptocurrency education.
Zhao's Role in the Pakistan Crypto Council
Changpeng Zhao announced his new appointment via social media, highlighting that Pakistan is the fifth most populous country and has an active cryptocurrency market. His role involves promoting education in the crypto sector.
Crypto Education for Millions of Children
With Zhao's appointment, Pakistan aims to educate 20 million out-of-school children. This decision is part of high-level meetings led by the country's Finance Minister Mohammad Aurangzeb.
Current Situation of Cryptocurrencies in Pakistan
Pakistan is witnessing a surge in cryptocurrency interest, with over 20 million users. Popular cryptocurrencies include Bitcoin, Solana, and Dogecoin. However, the country also faces challenges related to cryptocurrency taxation and accusations of facilitating illicit transactions.
Changpeng Zhao's involvement with the Pakistan Crypto Council emphasizes the growing interest in cryptocurrencies and the need for educational initiatives targeting the younger generation.
