Kyrgyzstan establishes national cryptocurrency reserve with Bitcoin and Binance coin

Binance founder, CZ has announced that Kyrgyzstan’s national cryptocurrency reserve will be utilizing two currencies, Bitcoin and Binance coin. CZ announced that he had accepted the invitation of Kyrgyz President Sadyr Japarov to join the Kyrgyz National Crypto Committee.

That said, starting a National Crypto Reserve with BNB (binance coin) and BTC (bitcoin) is a power move for sure. Kyrgyzstan low-key playing the long game while the rest of the world’s still debating ETFs. This development marks another milestone in institutional adoption within the crypto space. CZ’s proposal highlights growing interest from traditional financial sectors exploring digital assets for reserves.

CZ was picked up in a S-Class bearing 888 BNB numberplate, further showing support for Binance Coin. BNB is the official ticker for the Binance Coin. He said in a tweet that he has given advice to make BNB and BTC as two starting cryptocurrencies for the national crypto reserve for Kyrgyzstan.

More and more countries are making moves towards incorporating cryptocurrencies into national reserves. This shows the growing recognition of digital assets’ value and utility excited to see how this evolves. From license plates to national reserves — CZ’s side quests go harder than most L1 roadmaps.