Trump-Linked World Liberty Financial Partners With Pakistan Crypto Council

World Liberty Financial (WLF), a project tied to the Trump family, has signed a letter of intent with the Pakistan Crypto Council (PCC). According to the project, this partnership will boost blockchain development, stablecoin use, and DeFi expansion in Pakistan.

A WLF delegation recently met with Prime Minister Shehbaz Sharif, Army Chief General Asim Munir, Finance Minister Muhammad Aurangzeb, and other top officials to explore collaboration opportunities.

This latest collaboration is part of the country’s border strategy to create a regional crypto hub in South Asia. Most regional governments have kept a rather strict stance on the crypto industry.

While adoption is booming, a lack of regulatory clarity drives most Web3 businesses towards the Middle East or Southeast Asia. The Pakistan Crypto Council has been working to leverage this opportunity.

According to local reports, the government is preparing to announce a full set of cryptocurrency regulations. This move aims to position Pakistan as one of the fastest-growing crypto hubs globally.

Last month, Binance founder Changpeng ‘CZ’ Zhao joined the Pakistan Crypto Council as a Strategic Advisor. Most recently, the council’s CEO, Bilal bin Saqib, stressed how Pakistan has been missing out on financial incentives due to a lack of licensing and regulation for crypto exchanges.

“We have to bring the local industry under an effective regulatory framework. Regulations must focus on licensing for exchanges, bring-in licensing fee, establish reasonabl taxation policies so that users do not offload their crypto in foreign countries. They should be able to use and transact crypto safely, without any concerns in Pakistan,” Bilal bin Saqib said in a recent interview with local media.

Meanwhile, President Trump is seemingly using his influence to advance the DeFi initiative linked to World Liberty Financial. The project most recently launched a stablecoin labeled USD1 on the BNB chain.

Earlier this month, DWF Labs invested $25 million in WLF and also announced its US entry with a new office in New York. It’s evident that the Trump Family association is helping the project attract global partnership opportunities.

However, controversies continue to emerge about how much influence the President has over this company’s ventures. Regardless, the latest partnership with the Pakistan Crypto Council reflects the company’s global ambition.

Whether or not this ambition materializes will depend on more practical developments.

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