Binance Advises Governments on Bitcoin Reserves Amid Growing Interest

Binance is offering guidance to governments on establishing crypto reserves, fueled by rising global interest in national Bitcoin holdings. The company’s advisory role has been prompted by the US government’s recent strategic initiatives in cryptocurrency. Richard Teng, CEO of Binance, explained that several governments and sovereign wealth funds have approached the firm for assistance in designing regulatory frameworks. This trend aligns with a broader acceptance of cryptocurrency within national strategies, as evidenced by growing interest from both institutions and individuals.