Odaily Planet Daily News: Bilal Bin Saqib, chief advisor of the Pakistan Cryptocurrency Council, stated that there are plans to deploy Pakistan's national Bitcoin reserves into DeFi protocols for yield generation in the future. The Pakistan Crypto Council submitted a draft legal framework for national Bitcoin reserves on June 6, and the Ministry of Finance agreed to expedite the approval process. The government aims to lead Southern countries in digital asset development and adoption. Bilal Bin Saqib was appointed as the chief advisor of the Pakistan Crypto Council in March 2025, responsible for guiding Pakistan in integrating cryptocurrency and blockchain technology into its financial ecosystem and ensuring the establishment of a regulatory framework that aligns with global best practices. Michael Saylor will also serve as an advisor to assist Pakistan in establishing Bitcoin reserves.

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