1 week Ago By News Desk
World Liberty Financial (WLF)—backed by Donald Trump has inked a Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to accelerate blockchain innovation, stable-coin adoption, and decentralised finance (DeFi) integration across Pakistan, reported 24NewsHD TV channel on Sunday. Federal Minister for Information Ataullah Tarar, PCC CEO Bilal Bin Saeed, and WLF Co-Chairman Zack Vetkoff attended the signing ceremony. Speaking to the media, they underscored the agreement’s role in tapping the growing potential of Pakistan’s crypto market.
Prominent among those who were present on the occasion include State Bank of Pakistan (SBP) Governor Jameel Ahmed, SECP chairman, and federal secretary of IT. Bilal Bin Saeed expressed enthusiasm for the collaboration, welcoming Vetkoff and emphasising the PCC’s commitment to fostering innovation. Vetkoff praised Pakistan’s economic potential, stating, “Pakistan is one of the fastest-emerging economies, and we’re thrilled to support its financial future.
” These agreements are set to enhance cooperation between PCC and WLF, encourage international investment, and spur innovation in Pakistan’s digital economy. The partnership positions Pakistan as an emerging hub for cryptocurrency and fintech development. Minister Tarar highlighted that establishing the Pakistan Crypto Council is a key milestone in embracing new technologies.
“Pakistan offers vast opportunities in the crypto sector and has made impressive progress despite being a new player,” he said. He added that such initiatives will drive economic growth and technological advancement across multiple sectors. The WLF delegation met with Pakistan’s leadership, including the Prime Minister, Chief of Army Staff, Deputy Prime Minister, Minister of Information, and Minister of Defence, to formalize the partnership.
This partnership is aimed at positioning Pakistan as a global leader in the digital finance revolution. Reporter: Ahmad Mansoor.
