Trump-Backed Crypto Venture Partners with Pakistan Crypto Council to Propel Blockchain Adoption
ISLAMABAD, Pakistan — April 26, 2025 — In a significant move for the cryptocurrency landscape, the Pakistan Crypto Council (PCC) has signed a partnership agreement with World Liberty Financial (WLF), a decentralized finance platform with ties to prominent U.S. political figures, including former President Donald Trump. The collaboration, formalized in a letter of intent, aims to enhance cryptocurrency applications and boost blockchain adoption within Pakistan, a country that stands on the brink of a digital finance revolution.
The agreement was reached during a delegation visit from the WLF, which included key figures such as Zachary Folkman, Chase Herro, and Zachary Witkoff, the son of Trump’s special envoy Steve Witkoff. The signing ceremony took place in Islamabad and was attended virtually by Finance Minister Muhammad Aurangzeb, along with other notable officials, including the chairman of the Securities and Exchange Commission of Pakistan (SECP) and the governor of the State Bank.
A Landmark Cooperation
In a press release from the finance ministry, it was announced that this partnership would serve as a foundation for facilitating expansive blockchain innovation and promoting the adoption of stablecoins across the country. The WLF leadership expressed optimism about Pakistan’s potential, identifying the nation as a dynamic environment for decentralized finance due to its youthful population and burgeoning tech sector.
The cooperation encompasses several critical areas, including:
- Establishing regulatory sandboxes for testing blockchain-based financial products.
- Promoting responsible growth of decentralized finance (DeFi) protocols.
- Investigating the tokenization of real-world assets such as real estate.
- Enhancing the use of stablecoins for remittances and trade.
- Offering strategic advice on blockchain infrastructure and navigating global regulatory landscapes.
Finance Minister Aurangzeb emphasized the strategic importance of this alliance, stating, “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.”
Positioning Pakistan in the Crypto Sphere
Bilal Bin Saqib, CEO of the PCC, highlighted the significance of the partnership, viewing it as a bold step towards empowering the younger demographics of Pakistan and integrating the country into the evolving sphere of global finance. “This is more than just a partnership; it’s a strategic move to drive innovation and attract international investment,” said Saqib.
The finance ministry noted the bright prospects of Pakistan’s digital economy, particularly given that 64% of its population is under the age of 30. This demographic appears eager to drive digital adoption, with the country reportedly witnessing an estimated $300 billion in annual cryptocurrency transactions and boasting around 25 million active crypto users.
As mobile penetration continues to rise and the freelance economy flourishes, the government’s intention to roll out comprehensive crypto legalization policies is expected to further strengthen Pakistan’s position within one of the fastest-growing crypto markets globally.
Looking Ahead
This partnership aligns with Pakistan’s broader goals of establishing a clear regulatory framework governing digital-asset activities, which has been a pivotal point in discussions led by the PCC. Aiming to attract foreign investment, Saqib previously asserted that, "Pakistan is done sitting on the sidelines," signaling readiness to engage actively in the global digital economy.
With this foundational partnership and the government’s signal towards imminent regulatory frameworks, Pakistan is poised at a critical juncture in its endeavor to become a leader in the decentralized finance sector, linking its vibrant youth and technological advances to the larger world of digital currencies and blockchain innovation.
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