Market News: Binance is in contact with multiple sovereign wealth funds to establish cryptocurrency reserves

Odaily Planet Daily News According to market news: Binance said that it has been contacted by multiple governments and sovereign wealth funds, intending to establish cryptocurrency reserves. It is reported that Binance CEO Richard Teng said in an interview with the Financial Times on April 17 that Binance has been providing advice to multiple governments on establishing strategic Bitcoin reserves and formulating crypto asset regulations. He said: "In fact, we have received a lot of advice from some governments and sovereign wealth funds on establishing their own crypto reserves." Although no specific countries were named, Richard Teng said that the United States is far ahead in this regard.