In brief
- Former Binance CEO Changpeng Zhao is advising countries on establishing crypto strategic reserves following the U.S. government’s decision to create its own Bitcoin reserve.
- Zhao praised Bhutan for embracing crypto adoption while criticizing Europe (with the exception of Montenegro) for lagging behind in blockchain implementation.
- Despite serving a 4-month prison sentence as part of a $4.3 billion settlement with U.S. prosecutors, Zhao continues to offer pro bono blockchain advice to governments while being prohibited from managing Binance.
Binance co-founder and former CEO Changpeng “CZ” Zhao claims to have been offering advice on how to set up crypto strategic reserves to countries across the globe. And he thinks that…