- Binance CEO Richard Teng revealed that multiple countries are working with the exchange to explore launching crypto-backed national reserves.
- Inspired by the U.S.’s pro-crypto stance, these nations aim to build strategic digital asset frameworks with Binance’s support.
In a bold hint at the future of global finance, Binance CEO Richard Teng has suggested that multiple nations are exploring the creation of their own crypto-backed national reserves—and Binance is at the heart of these discussions.
Speaking to The Financial Times, Teng revealed that Binance is already collaborating with several governments looking to emulate the United States’ recent pro-crypto moves. While he remained tight-lipped on exactly which countries are involved, the news has fueled speculation and excitement across the digital asset space.
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The revelation follows a series of groundbreaking developments in the U.S., including the creation of a national Bitcoin reserve and regulatory clarity under the Trump administration—moves that have seemingly encouraged other nations to explore similar strategies.
“We’ve been approached by quite a lot [of countries],” Teng stated, noting that while specifics remain under wraps, the growing global interest in strategic digital asset reserves is undeniable. He emphasized that Binance is actively helping these countries not only build reserves but also design robust regulatory frameworks to support their national crypto initiatives.
Teng highlighted that around 25% of Binance’s 6,000 employees are currently focused on compliance and regulatory efforts—a sign of how seriously the exchange is taking its global role. “Compared to many other jurisdictions, [the U.S.] is way ahead on that front,” he added, underscoring America’s leadership in this space.
The broader implication? Crypto is no longer just a speculative asset class—it’s morphing into a geopolitical tool and a strategic reserve asset. Binance’s involvement at such a high level cements its status as more than just a crypto exchange—it’s becoming a central player in shaping the future of global finance.
As Teng’s comments ripple through the markets, all eyes are now on which nations will take the leap—and how fast the crypto reserve race will unfold.
