According to Odaily Planet Daily, Bilal Bin Saqib, chief advisor of the Pakistan Cryptocurrency Committee, stated that in the future, the country's Bitcoin reserves will be deployed to DeFi protocols to generate yields. The Pakistan Cryptocurrency Committee submitted a draft legal framework for the national Bitcoin reserves on June 6, and the Ministry of Finance agreed to expedite the approval process. The government hopes to lead the global south in the development and adoption of digital assets. Bilal Bin Saqib was appointed as the chief advisor of the Pakistan Cryptocurrency Committee in March 2025, responsible for guiding the integration of cryptocurrency and blockchain technology, and ensuring the establishment of a regulatory framework that aligns with global best practices. Michael Saylor will also serve as an advisor.