ISLAMABAD: In a major step for Pakistan’s emerging digital economy, the Pakistan Crypto Council (PCC) and World Liberty Financial (WLF) have signed landmark agreements aimed at accelerating investment, innovation, and adoption of blockchain technologies across the country.
The signing ceremony, held in Islamabad, was attended by Pakistan’s Information Minister Attaullah Tarar, CEO of the Pakistan Crypto Council Bilal Bin Saeed, and Co-Chairman of World Liberty Financial Zack Vetkoff.
The dignitaries highlighted the immense potential of Pakistan’s crypto market and the importance of fostering an environment conducive to innovation and financial inclusion.
World Liberty Financial World Liberty Financial — a leading decentralised finance (DeFi) platform backed by US President Donald Trump — formalised its collaboration with the PCC through a Letter of Intent (LOI), focusing on advancing blockchain innovation, stablecoin adoption, and DeFi integration in Pakistan.
The high-level WLF delegation, including Zachary Folkman, Zachary Witkoff (son of Steve Witkoff, the United States Special Envoy to the Middle East), and Chase Herro, held meetings with senior leadership in Pakistan.
Discussions were held with the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence, signalling strong political support for the initiative.
Further formalising the partnership, the Letter of Intent was signed during a strategic meeting between the World Liberty Financial team and senior Pakistani officials, including the Finance Minister, Governor of the State Bank of Pakistan, Chairman of the Securities and Exchange Commission of Pakistan (SECP), and the Federal Secretary for IT.
The scope of cooperation outlines collaboration in key areas, including launching regulatory sandboxes to test blockchain-based financial products, facilitating the responsible growth of DeFi protocols, exploring tokenisation of real-world assets such as real estate and commodities, expanding stablecoin applications for remittances and trade, and providing strategic advisory on blockchain infrastructure and global regulatory trends.
Pakistan, with a youthful population — over 64% under the age of 30 — offers one of the most promising digital economies globally.
The country already ranks among the top in global crypto adoption, with an estimated $300 billion in annual crypto transactions and around 25 million active crypto users.
Rising mobile penetration, a vibrant freelance economy, and growing government interest in blockchain technology have created an environment where Pakistan’s youth are well-positioned to lead the next wave of Web3 innovation.
Speaking at the signing ceremony, Finance Minister Muhammad Aurangzeb said, “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.”
Bilal Bin Saeed, CEO of the Pakistan Crypto Council, said, “Our collaboration with World Liberty Financial is more than just a partnership — it’s a strategic move to empower our young population and integrate Pakistan into the future of global finance.”
