Pakistan teams up with Trump’s World Liberty Financial to drive crypto innovation

US President Donald Trump’s World Liberty Financial has signed a deal with the Pakistan Crypto Council to help accelerate crypto adoption and innovation in the country. During a recent meeting attended by Pakistan’s central bank governor, finance minister, and IT secretary, the Council’s CEO Bilal bin Saqib sat down with World Liberty founders Zach Witkoff, Zak Folkman, and Chase Herro to finalise the agreement. Why did World Liberty partner with Pakistan? Under the partnership, World Liberty will help Pakistan roll out regulatory sandboxes for blockchain product testing, giving startups and developers a safe space to trial new financial technologies. The two sides also plan to promote the use of stablecoins for remittances and cross-border trade, aiming to make transactions faster and more affordable for millions of users. Another major focus is exploring the tokenization of real-world assets like real estate and commodities, which can open up new investment opportunities. Additionally, World Liberty will support the growth of decentralised finance protocols in Pakistan, helping to build a stronger and more inclusive digital economy. Pakistan’s government is keen to tap into its booming crypto scene. Finance Minister Muhammad Aurangzeb believes partnerships like this could open “doors for investment, innovation, and global leadership in the blockchain economy.” According to blockchain analytics firm Chainalysis, Pakistan ranks ninth in global crypto adoption, with an estimated 25 million active users and over $300 billion in annual crypto transactions. That positions Pakistan as one of the fastest-growing digital markets anywhere in the world, with 64 percent of its population under the age of 30. “Pakistan’s youth and technology sector are our greatest assets,” Aurangzeb added. Pakistan’s Crypto Council was established in March 2025 as part of Pakistan’s broader push to formalise its digital finance strategy. Backed by the government, the council was created to help develop clear crypto regulations, attract international investment, and support the local Web3 economy. Led by CEO Bilal bin Saqib, the council works closely with key ministries, including finance, IT, and law, to draft policies that encourage innovation while maintaining safeguards like anti-money laundering controls. Among recent efforts, the council appointed Binance founder Changpeng Zhao as a strategic advisor earlier this month. Interestingly, during their visit to Pakistan, World Liberty’s leadership also met with CZ to discuss how global regulatory models could be adapted to fit Pakistan’s growing crypto ecosystem. Crypto regulations underway Pakistan’s move toward full crypto adoption isn’t happening without guardrails. Earlier this month, the Federal Investigation Agency proposed a regulatory framework to address key risks associated with digital assets. Regulators are eyeing a phased rollout by early 2026. At the time, FIA Director Sumera Azam said the framework would help balance “technological advancement and national security imperatives.” Pakistan is not leaving it at that. One of the most ambitious ideas on the table is using Pakistan’s surplus electricity for cryptocurrency mining, specifically for Bitcoin. With the country reportedly producing more power than it consumes, officials have floated the idea of converting excess energy into a new revenue stream by inviting global mining operations. Notably, the Power Division is working with the Crypto Council to create special electricity tariffs designed to attract miners without introducing new subsidies. The post Pakistan teams up with Trump’s World Liberty Financial to drive crypto innovation appeared first on Invezz

Source: Invezz