Binance Assists Governments in Building Bitcoin Reserves and Shaping Crypto Policies

Binance Aids Global Governments in Crypto Reserve Strategy, Says CEO

Binance, the world’s largest cryptocurrency exchange, is playing an increasingly strategic role in global crypto adoption by assisting multiple governments in creating national Bitcoin reserves and regulatory frameworks, according to CEO Richard Teng.

In a recent interview with the Financial Times published on April 17, Teng said the company has received several formal approaches from governments and sovereign wealth funds interested in building strategic digital asset reserves—a move that echoes growing interest in crypto as a macro hedge.

“We have actually received quite a number of approaches by a few governments and sovereign wealth funds on the establishment of their own crypto reserves,” Teng stated.

U.S. Leads the Global Crypto Policy Shift

Teng pointed to the United States as a major driver behind this emerging trend. Earlier this year, the U.S. ramped up its pro-crypto stance under former President Donald Trump, who signed an executive order directing the creation of a Strategic Bitcoin Reserve. The reserve would be seeded with Bitcoin seized in federal enforcement actions.

Binance founder Changpeng Zhao (on the left) next to Pakistan’s deputy prime minister Mohammad Ishaq Dar and Pakistan Crypto Council CEO Bilal bin Saqib. Source: Pakistan government

This move appears to have inspired other countries to consider similar strategies.

“The U.S. is way ahead on that front,” Teng said, highlighting how Washington’s policy momentum is influencing global conversations about crypto adoption.

Interest Grows, But Countries Stay Quiet

Although Teng refrained from naming specific countries involved, it’s known that Pakistan and Kyrgyzstan have recently collaborated with Binance and its former CEO Changpeng Zhao to explore crypto regulations.

So far, no jurisdiction has officially announced plans to establish its own national Bitcoin reserve, suggesting the dialogue is still in early stages or being conducted discreetly.

Binance’s Strategic Pivot: Planning a Global Headquarters

As Binance becomes more involved in shaping national-level crypto infrastructure, the exchange is also revisiting its own structure.

Historically operating without a formal headquarters, Binance is now actively evaluating locations for a global HQ, Teng confirmed.

“It requires serious deliberation, and the board and the senior management are spending a lot of time doing the evaluation,” Teng said. “Hopefully we are able to announce our intentions on that front.”

This marks a notable departure from founder Changpeng Zhao’s earlier view that “offices and headquarters are old concepts”, likening them to outdated technologies like SMS.

A Strategic Role in the Future of Digital Assets

Binance’s evolving involvement with global governments comes amid increased regulatory clarity across key jurisdictions, allowing the exchange to expand its advisory role while distancing itself from past regulatory controversies.

While the company has yet to disclose which countries it is working with, its growing influence in the policy arena—especially on Bitcoin reserve planning—signals a broader move by nations to treat crypto as a strategic economic asset.

Binance had not responded to requests for comment on its current collaborations with national governments at the time of publication.