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CZ: Pakistan Poised to Become Global Crypto Leader in 5 Years with Current Progress
Summary: In an interview with Bilal bin Saqib, CEO of the Pakistan Crypto Council, CZ stated that Pakistan's leadership has recognized the strong demand for digital assets among the country's young and tech-savvy population. CZ mentioned that Pakistan has made significant progress in the crypto field this year, including establishing a virtual asset regulatory authority, allowing ...
In an interview with Bilal bin Saqib, CEO of the Pakistan Crypto Council, CZ stated that Pakistan's leadership has recognized the strong demand for digital assets among the country's young and tech-savvy population.
CZ mentioned that Pakistan has made significant progress in the crypto field this year, including establishing a virtual asset regulatory authority, allowing platforms like Binance and HTX to operate, exploring creating a Bitcoin reserve, and researching tokenizing real-world assets (RWA) to attract foreign investment and enhance liquidity.
Regarding tokenization of stock markets, CZ noted that it allows global investors to directly participate in local asset investments in Pakistan, with countries that implement it first gaining a competitive advantage. CZ also believes that compared to traditional banks and the AI industry, the barriers to entry for crypto and blockchain startups are lower, providing more opportunities for young entrepreneurs.
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Link: CZ: Pakistan Poised to Become Global Crypto Leader in 5 Years with Current Progress [Copy]
