Changpeng Zhao says Asian nations likely to acquire Bitcoin reserves quietly

Binance founder Changpeng Zhao said Asian countries are likely to accumulate Bitcoin reserves quietly, citing differences in cultural mindset. He argued that the narrative of crypto disrupting traditional finance is incorrect. Instead, Zhao warned that banks ignoring this new technology risk being left behind. Zhao also emphasized that crypto is far more transparent and traceable than traditional finance, with a significantly lower rate of illicit transactions.