Binance CEO Changpeng Zhao (CZ) announced that Binance Coin $BNB has been included in Bhutan's strategic reserves. This underscores the recognition of cryptocurrencies at a state level, making Bhutan a leader in the integration of digital assets. According to CZ, 'the inclusion of BNB in the reserves confirms the trust in cryptocurrencies as stable financial instruments'.
Brief analysis of the chart:
The price of BNB is around $698 with support at $681.56 and resistance at $713.98. A breakout above the resistance could signal an upward trend.
Bhutan is taking a confident step towards crypto innovations, strengthening BNB's position.