According to online reports, Bilal Bin Saqib, chief adviser to the Cryptocurrency Commission of Pakistan, said that in the future, it plans to deploy Pakistan's national bitcoin reserves to the DeFi protocol to obtain benefits. The Cryptography Commission of Pakistan submitted a draft legal framework for the national Bitcoin reserve on June 6. The Ministry of Finance agreed to speed up the approval process. The government hopes to lead the global South in the development and adoption of digital assets. Bilal Bin Saqib was appointed chief adviser to Pakistan's Crypto Council in March 2025, responsible for guiding Pakistan in integrating cryptocurrency and blockchain technology into its financial ecosystem and ensuring that a regulatory framework is in line with global best practices is developed. Michael Saylor will also serve as an adviser to help Pakistan build Bitcoin reserves.