Friday, April 18, 2025

Binance Engaged in Strategic Bitcoin Reserve Talks with Multiple Nations

Binance Engaged in Strategic Bitcoin Reserve Talks with Multiple Nations

Binance CEO Richard Teng revealed that the exchange is in discussions with several governments regarding the establishment of sovereign Bitcoin reserves. According to Teng, multiple national entities — including sovereign wealth funds — have approached Binance for advisory on both Bitcoin accumulation strategies and crypto regulatory frameworks.

Governments Eyeing Strategic BTC Reserves

Teng emphasized that early adoption remains a key driver of long-term upside, echoing recent comments from Bitwise CEO Hunter Horsley, who also noted that institutional and governmental interest in Bitcoin is accelerating.

“Countries are now recognizing Bitcoin as a long-term strategic asset, not just a speculative one,” Teng said, adding that Binance is providing technical and regulatory insight to facilitate sovereign-level adoption.

Zhao’s Legacy and Global Expansion

Former CEO Changpeng Zhao previously served as an informal advisor to governments such as Pakistan and Kyrgyzstan. Teng confirmed that Binance is actively exploring the establishment of a global headquarters — a move designed to strengthen compliance and provide a stable foundation for future crypto expansion.

U.S. Influence Rippling Globally

Binance noted that the regulatory momentum in the United States following the Trump administration has influenced other nations to take crypto adoption more seriously. This broader shift toward legitimizing digital assets has contributed to the recent surge in sovereign interest.

As global interest in Bitcoin reserves grows, Binance is positioning itself as a key partner in shaping national crypto strategies.


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