Michael Saylor will serve as an advisor to assist Pakistan in establishing a Bitcoin reserve plan

On June 16th, according to Cointelegraph, Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), met with Pakistani Finance Minister Muhammad Aurangzeb and Blockchain Minister Bilal Bin Saqib to discuss how Bitcoin can operate as a national reserve asset. Saylor welcomes serving as an advisor for Pakistan's cryptocurrency program. Pakistan has recently shifted its support towards cryptocurrencies, establishing a cryptocurrency management agency last month and planning to build Bitcoin reserves. Minister Saqib stated that Pakistan should emulate Saylor's approach of transforming Strategy into a Bitcoin purchasing tool. The Pakistan Cryptography Commission submitted a draft legal framework on June 6th, and the Ministry of Finance agreed to expedite the approval process. The Pakistani government hopes to lead the global South in the development and adoption of digital assets.