As the U.S. accelerates efforts to build a national Bitcoin reserve under the Trump administration, much of the world is now rethinking its stance on crypto accumulation.
Yet despite the growing momentum, some regions, particularly Europe, appear to be falling behind.
Speaking at Token2049 in Dubai, Binance founder Changpeng Zhao (CZ) shared his thoughts on how national reserves of digital assets are shaping geopolitical strategies.
Having consulted with multiple governments on this topic, CZ pointed out that Europe has remained notably absent from serious conversations around building sovereign crypto reserves—unlike the U.S. or several Asian nations.
One standout, according to CZ, is Bhutan. He revealed that the Himalayan country has already built a significant position in Bitcoin, reportedly worth billions, and is now expanding those holdings to include Ethereum and BNB.
He framed this move as an example of proactive financial planning in a world increasingly shaped by decentralized assets.
CZ also commented on the broader market landscape, noting that Bitcoin ETFs have been a key force behind the latest bull run. While Ethereum hasn’t matched that momentum yet, he suggested that capital will eventually flow into other assets as investor confidence deepens.
He concluded by underscoring the ideological roots of crypto, calling it a pillar of personal and economic freedom. “Without freedom in finance,” he said, “freedom itself is incomplete.”
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
Source: https://coindoo.com/europe-is-missing-out-as-nations-build-bitcoin-reserves-changpeng-zhao/