Binance is advising several countries on creating their own bitcoin and crypto regulations and establishing national strategic bitcoin reserves.
Binance CEO Richard Teng revealed that multiple governments seek the exchange’s guidance on establishing strategic bitcoin reserves and crafting digital asset policies.
Countries worldwide are reassessing their approach to Bitcoin following former U.S. President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve.
The trend toward national bitcoin reserves could significantly affect the bitcoin’s global adoption and price stability.