Binance CEO says he is helping create crypto reserves in multiple countries

Richard Teng, CEO of major cryptocurrency exchange Binance, revealed that the company is advising the governments of several countries on creating cryptocurrency reserves. The Financial Times (FT) reported on the 17th.

Teng did not reveal the names of specific countries, but explained that he has received many inquiries from governments and sovereign wealth funds about creating cryptocurrency reserves. He also said that the company is supporting the development of regulations for digital assets.

In addition to companies, the movement of governments and local governments to hold cryptocurrencies is attracting a lot of attention from investors due to the large amount of money involved. World...