Changpeng Zhao, the founder of Binance, has announced his appointment as a strategic advisor to the Pakistan Crypto Council. The main aim is to educate 20 million children who are out of school.
Goals of CZ's Collaboration with Pakistan
In a message on platform X, Changpeng Zhao noted, "Did you know that Pakistan is the 5th most populous country in the world? With an average age of 24 and 100% internet coverage, it's an active crypto market. Approximately 20 million kids are not in school. GiggleAcademy could help them learn and get jobs."
Significance of the Visit for Pakistan
According to PCC CEO Bilal Bin Saqib, CZ's arrival in the country marked a "landmark moment" for Pakistan. As an advisor, he will help foster regulation, education, infrastructure, and cryptocurrency adoption.
Potential of the Cryptocurrency Market in Pakistan
Pakistan is among the top ten countries with a significant number of crypto users and has an annual remittance volume of $35 billion. The country plans to join the ranks of Web3 nations like Singapore and Dubai.
Changpeng Zhao's initiative to collaborate with Pakistan could greatly enhance educational levels among the youth and foster the development of the cryptocurrency market.