Binance founder CZ commented on Bhutan's recent decision to establish a cryptocurrency strategic reserve, noting that it goes beyond just Bitcoin and includes a reserve of cryptocurrencies such as ETH and BNB. This pioneering move is expected to inspire more countries to follow suit in the future. CZ highlighted Bhutan's open-minded approach and its welcoming stance toward various cryptocurrencies, which he views as a smart strategy to attract crypto enterprises, investments, and innovation.
CZ further emphasized that Bhutan has been mining Bitcoin using surplus hydroelectric power for years, allowing the country to accumulate a significant Bitcoin reserve. For BNB, this decision represents a major recognition and sets a precedent for other countries to incorporate BNB and other cryptocurrencies into their national strategic reserves.