Trump-backed World Liberty Financial partners with Pakistan Crypto Council
World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to promote cryptocurrency adoption in Pakistan. The partnership aims to establish regulatory sandboxes for blockchain products, enhance stablecoin use for remittances and trade, and support decentralized finance growth. Key figures, including Pakistan's central bank governor and finance minister, attended the signing. World Liberty, backed by Donald Trump, is involved in crypto lending and borrowing. Pakistan ranks ninth globally for crypto adoption, with 25 million users and $300 billion in transactions. The government seeks to leverage its young population for innovation and investment in the blockchain sector. A proposed regulatory framework by the Federal Investigation Agency aims to address security concerns while fostering technological advancement, with a phased rollout expected to start in 2026. This approach marks a shift from previous anti-crypto stances.
