Binance Founder Advocates for BNB and BTC in Kyrgyzstan’s National Crypto Reserve

Binance founder Changpeng Zhao has proposed that Kyrgyzstan consider Bitcoin (BTC) and Binance Coin (BNB) as foundational assets for a National Crypto Reserve. This recommendation was made during his recent visit to the Central Asian nation, where he emphasized the potential of digital assets in enhancing sovereign wealth management. Zhao’s influential background as the former CEO of the world’s largest cryptocurrency exchange adds significant weight to this proposal. The suggestion aligns with the growing global trend of nations exploring digital assets as part of their financial strategies. This move could position Kyrgyzstan as a forward-thinking player in the crypto space, leveraging the stability and growth potential of established cryptocurrencies like BTC and BNB.

Binance Founder Changpeng Zhao Proposes BNB and BTC for Kyrgyzstan’s National Crypto Reserve

Binance founder Changpeng Zhao has suggested Kyrgyzstan consider Bitcoin and BNB as foundational assets for a National Crypto Reserve. The proposal came during his visit to the Central Asian nation, where he highlighted the potential of digital assets in sovereign wealth management.

Zhao’s influence as former CEO of the world’s largest crypto exchange lends credibility to the idea. The recommendation follows his public sighting of a custom BNB license plate in Kyrgyzstan, though he clarified the vehicle wasn’t his own.

Market observers note the proposal could signal growing institutional acceptance of cryptocurrencies as reserve assets. Both BTC and BNB have demonstrated resilience during recent market cycles, making them plausible candidates for national treasury allocations.

VanEck Files for Binance Coin ETF with Staking Provisions

VanEck has taken a bold step into the altcoin market with its filing for a Binance Coin (BNB) exchange-traded fund. The proposed VanEck BNB ETF aims to track the cryptocurrency’s price performance while exploring staking rewards—a move that could bridge traditional finance with crypto-native yield mechanisms.

Regulatory hurdles remain as the SEC reviews the application. The fund’s structure mirrors institutional demand for diversified crypto exposure beyond Bitcoin and Ethereum. MarketVector Indexes GmbH will provide the underlying pricing benchmark, ensuring transparency for potential investors.

This filing signals growing asset manager confidence in BNB’s ecosystem despite ongoing regulatory scrutiny of exchange-linked tokens. The staking provision particularly stands out—it represents Wall Street’s first attempt to incorporate Proof-of-Stake rewards mechanisms within an ETF wrapper.