President Trump’s co-founder, Champen Zao (CZ), co-founder of Binance in Abu Dhabi, was living with World Liberty Financial (WLFI) – Sach Witkoff, Zach Falkman and Chase Hero.
Their conversation focused on developing strategic initiatives to standardize and expand the cryptocurrency industry around the world.
What did WLFI co-founders and CZ discuss in Abu Dhabi?
WLFI highlighted the meeting in a post on X (formerly Twitter). The organization emphasized that the move marked the beginning of a broader initiative to promote industry innovation. The conference’s agenda focused on strategies to accelerate the global adoption of cryptocurrencies.
It also covered the creation of new industry standards. Finally, participants discussed initiatives that pushed the crypto sector into the next stage of growth and development.
“The future belongs to builders, not bystanders. We’re just starting out,” Witkoff said.
In another post on X, CZ highlighted that he also met with Witkov, CEO of Pakistan Crypto Council (PCC) Bilal Bin Saqib. In particular, the meeting takes place shortly after the latest collaboration between WLFI and PCC.
Beincrypto was first reported that the Defi project has signed an intention with the council to enhance the country’s blockchain development, stable adoption and Defi’s growth. Previously, in early April, CZ was participating in PCC as a strategic advisor.
“Our goal is to work with industry leaders to showcase Pakistan. Pakistan is presented as a global case study on how emerging markets can leverage blockchain to create transformational opportunities,” says Saqib.
Zhao also expressed optimism about the meeting. However, he warned that traditional media may frame the event negatively.
“I feel that Trad Media is going to talk negatively about this, but we’re continuing to build,” CZ wrote.
The statement coincides with recent disputes with mainstream outlets like Bloomberg. CZ criticized Bloomberg for reporting on the role of his advice with governments such as Pakistan, Kyrgyzstan and Malaysia and governments on crypto policy.
Zhao argued that Bloomberg framed his efforts negatively by highlighting past legal issues rather than focusing on his current work.
On the other hand, criticism is not limited to CZ. The world’s Liberty Financial was also the center of substantial scrutiny given its relationship with the president. The US Senator has expressed concern about a potential conflict of interest. In fact, previous reports have revealed that the Trump family may have acquired stakes in Binance. This is argued that CZ strongly rebutted.
Despite external scrutiny, the well-known conference confirms the commitment of stakeholders to build a stronger and more collaborative future for the cryptocurrency sector.
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