The Letter of Intent was signed during a meeting attended by top officials, including Pakistan’s Finance Minister, the CEO of the PCC, the State Bank Governor, SECP Chairman, and the Federal IT Secretary.
A delegation from WLF — including Zachary Folkman, Zachary Witkoff (son of Steve Witkoff, the US Special Envoy to the Middle East), and Chase Herro — met with key Pakistani leaders, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Ministers of Information and Defence, to formalize this collaboration. The agreement marks a significant milestone in positioning Pakistan as a rising hub for the global digital finance revolution.
Also Read: India to lose $1.14 billion in trade via Pakistan routes, says PBF
Pakistan’s forward-looking stance reflects its commitment to embracing financial innovation. The government is reportedly preparing to announce comprehensive crypto legalization policies soon.
The Scope of Cooperation outlines joint efforts in several areas, including:
Launching regulatory sandboxes for blockchain financial products,
Supporting responsible growth of DeFi protocols,
Exploring real-world asset tokenization (such as real estate and commodities),
Expanding stablecoin use for remittances and trade,
With over 64% of its population under 30, Pakistan offers one of the most promising digital economies globally.
The country ranks among the top nations in crypto adoption, with an estimated $300 billion in annual crypto transactions and around 25 million active users.
Fueled by high mobile penetration, a thriving freelance economy, and strong government interest in blockchain, Pakistan’s youth are poised to lead the next wave of Web3 innovation.
"Pakistan’s young population and tech sector are our greatest strengths. Partnerships like this unlock new opportunities for investment, innovation, and global leadership in the blockchain space," said Finance Minister Muhammad Aurangzeb.
Bilal Bin Saqib, CEO of the Pakistan Crypto Council, added: "Our collaboration with World Liberty Financial is a strategic step toward empowering our youth and connecting Pakistan to the future of global finance."
The WLF leadership praised Pakistan’s dynamic energy and vision, calling it “one of the most exciting places to build the future of decentralised finance."
