On December 31, Binance founder CZ stated that if Pakistan maintains its current pace of development in regulation and application, it could become one of the world's leading cryptocurrency nations by 2030. He praised Pakistan's leadership for acting quickly and accurately capturing the genuine demand for digital assets from its young, tech-savvy population.
CZ revealed that Pakistan has taken several key steps this year, including establishing a virtual asset regulatory body, allowing Binance and HTX to operate in compliance, exploring Bitcoin reserves, and promoting the tokenization of real-world assets (RWAs) to attract foreign investment and improve liquidity.
When discussing the tokenization of the stock market, CZ stated that this would allow global investors to directly participate in Pakistani assets, representing a "true global investment channel," and emphasized that the first countries to implement it would reap the greatest benefits.
In addition, CZ believes that blockchain is more friendly to individuals and SMEs, with lower barriers to entry compared to the banking or AI industries. "Blockchain will not reject you," he said, but he also called for strengthening education, university programs and incubator development to cultivate a local innovation ecosystem.
