April 27, 2025 (MLN): World Liberty Monetary (WLF) the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to speed up blockchain innovation, stablecoin adoption, and decentralized finance (DeFi) integration throughout Pakistan.

The WLF delegation, together with Zachary Folkman, Zachary Witkoff (son of Steve Witkoff who’s the US Particular Envoy to the Center East), and Chase Herro, met with Pakistan’s management together with the Prime Minister, Chief of Military Employees, Deputy Prime Minister, Minister of Data, and Minister of Defence to formalize cooperation.

This marked a significant step towards positioning Pakistan as a worldwide chief within the digital finance revolution, in line with the press launch.

Pakistan’s proactive strategy demonstrates its dedication to embracing the subsequent wave of economic innovation.

The federal government has signaled plans to very quickly announce complete crypto legalization insurance policies, additional strengthening Pakistan’s place as one of many fastest-growing crypto markets on this planet.

The Letter of Intent was signed through the assembly of World Liberty Monetary and Pakistan Crypto Council.

The assembly included the Finance Minister of Pakistan, CEO of the Council, Governor State Financial institution of Pakistan, Chairman SECP and Federal Secretary for IT.

The Scope of Cooperation between Pakistan Crypto Council and World Liberty Monetary outlines collaboration in key areas together with launching regulatory sandboxes for blockchain monetary product testing, facilitating the accountable development of DeFi protocols, and exploring tokenization of real-world property like actual property and commodities.

It additionally contains increasing stablecoin functions for remittances and commerce, and offering strategic advisory on blockchain infrastructure and international regulatory developments.

Pakistan presents one of many world’s most promising digital economies, with over 64% of its inhabitants underneath the age of 30.

The nation ranks among the many prime in international crypto adoption, with an estimated $300 billion in annual crypto transactions and 25 million lively crypto customers.

With rising cell penetration, a vibrant freelance financial system, and powerful authorities curiosity in blockchain, Pakistan’s youth are uniquely positioned to drive the subsequent wave of Web3 innovation.

“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.” Finance Minister Muhammad Aurangzeb said.

CEO of the Pakistan Crypto Council Bilal Bin Saqib 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 Monetary management praised Pakistan’s dynamism, 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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Posted on: 2025-04-27T18:17:56+05:00