The “Pakistan blockchain adoption” initiative has gained major momentum as World Liberty Financial (WLF), backed by former US President Donald Trump, signed a landmark Letter of Intent (LoI) with the Pakistan Crypto Council (PCC) to expand blockchain and decentralized finance (DeFi) innovation across Pakistan.
Historic Partnership to Drive Blockchain Growth
World Liberty Financial’s delegation, featuring prominent figures like Zachary Folkman, Zachary Witkoff, and Chase Herro, visited Pakistan and met with top leadership. However discussions included sessions with the Prime Minister, Chief of Army Staff, Deputy Prime Minister, and key ministers to formalize the collaboration.
This strategic partnership aims to fast-track Pakistan’s integration of emerging financial technologies.
Regulatory Frameworks and Innovation Zones
The signed LoI outlines multiple initiatives that WLF and PCC will launch together. These include establishing regulatory sandboxes to test blockchain-based financial products in real-world environments. Additionally, they plan to explore tokenization projects, turning real-world assets like real estate and commodities into digital tokens.
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Pakistan’s Crypto Market Set for Rapid Growth
Pakistan’s digital economy is surging, fueled by a young population where over 64% are under the age of 30.
With comprehensive crypto legalization policies expected soon, Pakistan is poised to become a major player in the global digital finance space.
A New Era for Pakistan’s Economy
This collaboration signals a strong push toward a new financial era for Pakistan. In conclusion by embracing blockchain and DeFi, the country is opening doors to greater financial inclusion, innovation, and global investment opportunities.
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