New Delhi: Pakistan’s Crypto Currency has inked a cryptocurrency partnership with World Liberty Financial (WLF), a firm linked to US President Donald Trump’s family. The deal is in the news as it came days ahead of the Pahalgam terror attack in Kashmir. Pakistan Army Chief Asim Munir’s involvement is also reported in the deal.
In April 2025, World Liberty Financial signed a Letter of Intent with Pakistan’s Crypto Council. The deal has raised eyebrows in New Delhi and Washington as the privately-owned US cryptocurrency firm finalised the deal with Pakistan’s barely month-old Crypto Council. President Trump’s sons Eric and Donald Junior have a majority stake in World Liberty Financial, while Trump’s son-in-law Jared Kushner, owns a 60 per cent of the company collectively.
According to The Times of India, the Crypto Council appointed Binance founder Changpeng Zhao as its advisor. The move was to gain credibility as Binance is the world’s largest crypto exchange. Importantly, soon after the launch, the Council declared its vision to transform Islamabad into South Asia’s ‘crypto capital’.
Zachary Witkoff, the son of Donald Trump’s longtime business associate and now US’ Special Envoy to the Middle East, Steve Witkoff, along with some executives visited Islamabad to sign the deal. Notably, the team was personally welcomed by Pakistan’s Army Chief Asim Munir. Thereafter, Witkoff had a closed-door meeting with Munir and Pakistan Prime Minister Shehbaz Sharif.
Pakistan’s burgeoning cryptocurrency scene is embroiled in controversy following a partnership between its newly formed Crypto Council and World Liberty Financial (WLF), a US firm linked to the Trump family. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
