Pakistan Aims to Become Global Crypto Leader by 2030, Says Former Binance CEO
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Crypto Regulation Progress: Pakistan has established the Pakistan Virtual Assets Regulatory Authority this year and permitted crypto exchanges like Binance and HTX to operate, marking a significant step in formalizing its crypto ecosystem, which is expected to attract foreign investment and boost liquidity.
- Young Population Advantage: Former Binance CEO Changpeng Zhao highlighted the growing demand for digital assets among Pakistan's young and tech-savvy population, asserting that if the country maintains its current pace, it could become one of the global crypto leaders by 2030, enhancing its competitiveness in the global financial market.
- Stock Market Tokenization: Zhao mentioned that tokenizing Pakistan's stock market would allow global investors to directly invest, driving economic growth and urging Pakistan to expedite its tokenization plans to gain a competitive edge in the global arena.
- Entrepreneurial Opportunities: Zhao emphasized that blockchain offers low-barrier entrepreneurial opportunities for young entrepreneurs compared to traditional banking and AI, which require significant resources, and called for enhanced education and incubator programs to foster innovation.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
