### **š CZ Advises Countries on Strategic Crypto Reserves**
#### **š What is CZ Doing?**
- **Changpeng Zhao (CZ)**, former CEO of Binance, is now actively advising **countries** on how to build **strategic crypto reserves**.
- **Examples of pro-crypto countries**:
- **Bhutan** ā Has adopted **BTC, ETH, and BNB** as reserves.
- **Montenegro** ā Engaging in active dialogue with the local government.
- **Criticism for Europe**:
- **Lagging** in blockchain adoption (except Montenegro).
#### **šŗšø US Influence & Reasons Other Countries Should Follow**
- **The US initiated the trend** with **Bitcoin reserves** through an executive order by Trump (March 2025).
- **"The longer countries delay, the more expensive their crypto will be"** ā CZ.
- **CZ is not paid** for this consultation (*pro bono*), but he believes it is important for the industry and the global economy.
#### **āļø CZ's Current Status**
- **Just released from prison** (4 months) after a $4.3 billion settlement with US regulators.
- **Banned from involvement in Binance**, but remains active in the crypto ecosystem.
### **š® Future of Global Crypto Adoption**
- **Only 12 out of 200 countries** have started to take crypto seriously (including the US).
- **CZ is optimistic**:
- **"Everything is just beginning"** ā Adoption is still in the early stages.
- **Investors should be patient**, crypto takes time to develop.
