๐ข Binance helps countries create bitcoin reserves โ crypto reaches government level
Binance CEO Richard Teng stated in an interview with the Financial Times:
๐น The exchange is already advising governments on launching national bitcoin reserves
๐น Among the first are Pakistan and Kyrgyzstan
๐น Binance is involved in creating regulation and infrastructure for digital assets
๐ A special focus is on working with Ministries of Finance, central banks, and regulators
๐ฌ "We see huge interest from sovereign funds โ especially after the improvement of Binance's reputation in the USA," Teng noted
๐ฅ Additionally:
โ Changpeng Zhao (CZ) became the official advisor on crypto policy in both countries
โ A memorandum on supporting blockchain infrastructure has been signed in Kyrgyzstan
๐ What this means for the crypto market:
โ Strengthening institutional trust in BTC
โ Direct integration of crypto into government strategies and budgets
โ Binance is no longer just an exchange but a global crypto consultant
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