#Important_Updateš„ #importanceofbinance #importanceofBTC #BTCpredictions In an April 17 interview with the Financial Times, Binance CEO RichardĀ Teng revealed that āseveral governments and sovereign wealth fundsā have approached the exchange for advice on establishing their own strategic crypto reserves and crafting regulatory frameworks .
Teng praised the U.S. under President Trump for leading the wayāciting Trumpās March executive order to create a national Bitcoin strategic reserve seeded by forfeited cryptoāas the catalyst spurring other nations into action .
Standard Charteredās head of digitalāassets research, GeoffĀ Kendrick, predicts that, driven by the U.S. reserve initiative and growing institutional inflows, Bitcoin could soar to $500,000 by 2028 .
Earlier this month, Pakistanās newly formed Crypto Council officially appointed former Binance CEO Changpeng āCZāĀ Zhao as a strategic advisor on regulation, infrastructure and adoption , and Kyrgyzstanās National Investment Agency signed an MOU with CZ to help build its blockchain ecosystem and a rubleāpegged stablecoin .
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