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Pakistan plans to deploy Bitcoin reserves to Decentralized Finance protocols to generate returns.
[Pakistan Plans to Deploy Bitcoin Reserves to DeFi Protocol for Yield] Pakistan's Crypto Assets Committee Chief Advisor Bilal Bin Saqib stated that in the future, Pakistan intends to deploy the national Bitcoin reserves to the DeFi protocol for yield. The Pakistan Crypto Council submitted a draft national Bitcoin reserve legal framework on June 6, with the Ministry of Finance agreeing 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 Crypto Council in March 2025, responsible for guiding Pakistan in integrating Crypto Assets 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 a Bitcoin reserve.