- Binance CEO Richard Teng says several governments and sovereign wealth funds are exploring the creation of national crypto reserves.
- Teng confirmed Binance is helping countries develop crypto regulations, though he didn’t name which ones.
- The U.S. is seen as ahead in this space after Trump pushed for a strategic Bitcoin reserve earlier this year.
In a recent sit-down, Binance CEO Richard Teng dropped a pretty interesting tidbit—governments and sovereign wealth funds have been quietly reaching out to the exchange about starting their own crypto reserves.
Quiet Conversations with Big Implications
Teng said that Binance has been tapped by “quite a lot” of governments looking for help building regulatory frameworks around crypto, and in some cases, even exploring the idea of holding national Bitcoin reserves. He didn’t name names, but emphasized the number and seriousness of the discussions.
This follows a growing trend globally, with more countries warming up to the idea of embracing crypto—not just as an investment, but as a strategic asset. Teng pointed out how the U.S. is already ahead of the curve, especially after President Trump ordered the creation of a BTC strategic reserve back in March.
Binance’s Growing Role in Policy Shaping
According to Teng, Binance has been involved not just in conversations about reserves, but also in shaping national crypto regulations. As more nations pivot toward digital assets, the exchange’s role as an advisor is becoming more pronounced.
He didn’t reveal which governments were involved, but the broader takeaway is clear: crypto is no longer just a retail or institutional play. It’s creeping into the sovereign arena now—one reserve at a time.
