28-4-2025 – World Liberty Financial (WLF), a decentralised finance (DeFi) platform linked to former U.S. President Donald Trump, has forged a transformative alliance with the Pakistan Crypto Council (PCC). This collaboration, cemented through a Letter of Intent (LoI), seeks to propel blockchain innovation, expand stablecoin usage, and deepen DeFi integration across the nation, positioning Pakistan as a formidable player in the global financial technology arena.
Pakistan’s vibrant demographic, with over 64% of its population under 30, underpins its remarkable ascent in the cryptocurrency sphere. The country ranks among the world’s leaders in crypto adoption, managing an estimated $300 billion in annual transactions and engaging approximately 25 million active users. Bolstered by widespread mobile connectivity and a dynamic freelance sector, Pakistan’s youthful energy and governmental enthusiasm for blockchain initiatives signal its readiness to lead the charge in Web3 innovation.
The LoI, formalised in the presence of key figures including Pakistan’s Finance Minister Muhammad Aurangzeb, the Governor of the State Bank of Pakistan, the Chairman of the Securities and Exchange Commission of Pakistan, and the Federal Secretary for Information Technology, outlines a bold vision for cooperation. Central to the agreement are plans to create regulatory sandboxes for trialling blockchain-based financial solutions, responsibly scaling DeFi frameworks, and exploring the tokenisation of tangible assets such as property and commodities. The partnership also aims to harness stablecoins to streamline remittances and bolster international trade, while offering expert guidance on blockchain infrastructure and global regulatory trends.
A high-level WLF delegation, comprising Zachary Folkman, Chase Herro, and Zachary Witkoff—son of Steve Witkoff, the U.S. Special Envoy to the Middle East—engaged with Pakistan’s top leadership, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, and Ministers of Defence and Information. These discussions underscored Pakistan’s ambition to cement its place at the forefront of the digital finance revolution. The government’s proactive approach, including plans to introduce comprehensive cryptocurrency legalisation policies, further enhances its credentials as one of the world’s fastest-growing crypto markets.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, hailed the partnership as a pivotal step towards empowering the nation’s youth and integrating Pakistan into the global financial ecosystem. Similarly, Finance Minister Aurangzeb emphasised the country’s youthful talent and technological prowess as its greatest strengths, noting that collaborations like this one are laying the groundwork for increased investment and innovation.
WLF leaders expressed admiration for Pakistan’s dynamic landscape, citing its vision, energy, and emerging talent as ideal catalysts for advancing decentralised finance.