The decentralized finance (Defi) platform World Liberty Financial (WLI) supported by US President Donald Trump has participated with the Pakistan Crypto Council (PCC) through a landmark letter (LOI) of Pakistan, which aims to pursue blockchain innovation, deepens stabechen and deepen the defaults of Pakistan.
The WLF delegation – Zachari Folkman, Zachri Vitkoff (son of Steve Witcofof, the United States Special Envoys Middle East), and Chase Hero – including Pakistan’s leadership, has been formally included in cooperation of cooperation. It took a major step in the position of Pakistan as a global leader in the Digital Finance Revolution.
Pakistan’s active approach displays its commitment to embrace the next wave of financial innovation. The government has soon indicated a plan to declare comprehensive crypto globalization policies, further strengthening Pakistan’s position as one of the fastest growing crypto markets in the world.
Intent letters were signed during the meeting of World Liberty Financial and Pakistan Crypto Council. The meeting was attended by the Finance Minister of Pakistan, CEO of the Council, Governor of State Bank of Pakistan, President of SECP and federal secretary for it. The scope of cooperation in cooperation between Pakistan Crypto Council and World Liberty Financial, which includes: includes:
- Launch regulator sandbox for blockchain financial product testing.
- Facility of responsible development of DEFI protocol.
- The discovery of tokens of real -world assets such as real estate and objects.
- Extension of StableCoin applications for dispatch and trade, and
- Providing strategic advice on blockchain infrastructure and global regulatory trends.
Pakistan provides one of the world’s most promising digital economies, with more than 64% of the population below 30 years. The country is one of the top in global crypto adoption, with annual crypto transactions and an estimated $ 300 billion in 25 million active crypto users.
With increasing mobile penetration, a vibrant freelance economy, and strong government interest in blockchain, the youth of Pakistan have been deployed uniquely to run the next wave of web 3 innovation.
Finance Minister Muhammad Aurangzeb said, “Pakistan’s youth and technology are our greatest assets. Through such partnership, we are opening new doors for investment, innovation and global leadership in the blockchain economy.”
The CEO of Pakistan Crypto Council Bilal bin Saqib said: “Our cooperation with World Liberty Financial is more than just one partnership – this is a strategic move to empower our youth population and integrate Pakistan in future of global finance.”
The World Liberty Financial Leadership praised Pakistan’s dynamics, stating, “Pakistan’s energy, vision and talent makes it one of the world’s most exciting places to build the future of decentralized finance.”
