World Liberty Financial and Pakistan Crypto Council Sign Landmark Blockchain Partnership

World Liberty Financial signs LOI with Pakistan Crypto Council to boost blockchain innovation and DeFi adoption in Pakistan, aiming to position Pakistan as a global leader in digital finance.

Islamabad: 27 April 2025 | Reporter: Imtiaz Ali Abbasi | Posted by: Watts News, the Largest English Digital News Network Pakistan

World Liberty Financial (WLF), a decentralized finance (DeFi) platform supported by U.S. President Donald Trump, has signed a groundbreaking Letter of Intent (LOI) with the Pakistan Crypto Council (PCC). This pivotal agreement aims to accelerate blockchain innovation, stablecoin adoption, and the integration of decentralized finance (DeFi) across Pakistan.

The WLF delegation—comprising Zachary Folkman, Zachary Witkoff (son of Steve Witkoff, the United States Special Envoy to the Middle East), and Chase Herro—held high-level meetings with Pakistan's top leadership, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence. These discussions formalized a cooperation strategy poised to elevate Pakistan as a global frontrunner in the digital finance revolution.

Pakistan's leadership has demonstrated a proactive commitment to embracing the future of finance, signaling plans to soon announce comprehensive crypto legalization policies. These steps further strengthen Pakistan’s status as one of the world’s fastest-growing crypto markets.

The Letter of Intent was signed in a meeting that included Pakistan’s Finance Minister Muhammad Aurangzeb, the CEO of the Pakistan Crypto Council Bilal Bin Saqib, the Governor of the State Bank of Pakistan, the Chairman of SECP, and the Federal Secretary for IT.

The scope of cooperation outlines collaboration in several key areas:

Launching regulatory sandboxes for blockchain product testing,

Facilitating the responsible growth of DeFi protocols,

Exploring tokenization of real-world assets such as real estate and commodities,

Expanding stablecoin usage for remittances and trade,

Providing strategic advisory on blockchain infrastructure and global regulatory trends.

Pakistan, with over 64% of its population under the age of 30, boasts one of the world's most promising digital economies. The nation has quickly risen to the top ranks of global crypto adoption, with an estimated $300 billion in annual crypto transactions and 25 million active crypto users.

With increasing mobile penetration, a booming freelance economy, and strong government interest in blockchain, Pakistan’s youth are ideally positioned to lead the next wave of Web3 innovation.

Finance Minister Muhammad Aurangzeb stated,

> “Pakistan’s youth and technology sector are our greatest assets. Through partnerships like this, we are opening new doors for investment, innovation, and global leadership in the blockchain economy.”

Bilal Bin Saqib, CEO of the Pakistan Crypto Council, added,

> “Our collaboration with World Liberty Financial is more than just a partnership—it’s a strategic move to empower our young population and integrate Pakistan into the future of global finance.”

World Liberty Financial’s leadership also praised Pakistan's dynamic environment, stating,

> “Pakistan’s energy, vision, and talent make it one of the most exciting places in the world to build the future of decentralized finance.”

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