Tuesday, January, 21, 2025

Trump-Backed World Liberty Financial Partners with Pakistan to Boost Blockchain and DeFi Innovation

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Anny Sam

Anny is a skilled crypto writer, delivering clear, engaging content that simplifies complex blockchain concepts for a broad audience.
  • World Liberty Financial signs a major agreement with the Pakistan Crypto Council.
  • Pakistan prepares for full-scale crypto legalization.
  • The new collaboration aims to position Pakistan as a global blockchain leader.

Islamabad has become the center of attention in the global crypto world. World Liberty Financial (WLF), a leading decentralized finance group supported by the Trump family, has signed a Letter of Intent with the Pakistan Crypto Council (PCC).

This move signals the Trump launch of a strong collaboration to increase blockchain growth, stablecoin adoption, and DeFi development within Pakistan. Members of the WLF team, Zachary Folkman, Zachary Witkoff, and Chase Herro, met with Pakistan’s top leadership.

Meetings were conducted with the Prime Minister, the Army Chief, the Finance Minister, and a number of senior officials. These laid the foundations for a historic partnership. WLF’s presence heralds a significant interest in Pakistan’s expanding digital economy.

The government of Pakistan is clearly committing to the digital age. Authorities have signaled that they will release a blanket crypto legalization policy imminently. This action will position Pakistan as a major player within the global financial technology market.

The signed Letter of Intent details a number of areas of collaboration. WLF and PCC will cooperate with each other to initiate regulatory sandboxes. Such sandboxes will provide for the safe testing of innovative blockchain financial products.

They will also encourage healthy growth of DeFi platforms. Tokenization of real-world assets is another major area of focus. This will involve real estate as well as commodities, presenting new investment opportunities for Pakistanis.

The collaboration will furthermore broaden applications of stablecoins, particularly for trade and remittances. This will be of huge value to millions of Pakistani people who are dependent upon international money transfers. Advisory services will be offered by WLF.

It will keep Pakistan current with international blockchain infrastructure trends and regulations. It is a significant move towards bringing Pakistan more firmly into the international digital economy.

$300B Crypto Transactions, 25M Users

Pakistan is set to become a leader in blockchain and crypto. Over 64% of the country’s people are under 30. It currently processes a volume of about $300 billion of crypto transactions a year with over 25 million active users.

With increased adoption of mobile technology and a strong freelance economy, together with government support, Pakistani youth possess the resources needed to lead the Web3 revolution. This partnership with WLF opens up new opportunities for expansion and investment, as well as global recognition.

Pakistan’s new crypto policy will set the nation one step closer towards the digital age. Collaboration with World Liberty Financial means that Pakistan wants to integrate as a major player into the blockchain economy.

Related Reading: Bitcoin’s Apparent Demand Surge Signals a Strong Rally Ahead: Report

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