#Important_Updateđ„ #importanceofbinance #importanceofBTC #BTCpredictions
In an April 17 interview with the Financial Times, Binance CEO Richard Teng revealed that âseveral governments and sovereign wealth fundsâ 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 wayâciting Trumpâs March executive order to create a national Bitcoin strategic reserve seeded by forfeited cryptoâas the catalyst spurring other nations into action .
Standard Charteredâs head of digitalâassets research, Geoff 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, Pakistanâs newly formed Crypto Council officially appointed former Binance CEO Changpeng âCZâ Zhao as a strategic advisor on regulation, infrastructure and adoption , and Kyrgyzstanâs National Investment Agency signed an MOU with CZ to help build its blockchain ecosystem and a rubleâpegged stablecoin .