CoinTelegraph had the news earlier, reporting comments from former Binance CEO Changpeng “CZ” Zhao said China would be one of the countries to adopt a strategic Bitcoin reserve,

  • believed “smaller countries” would likely be the first to adopt a Bitcoin BTC reserve
  • could happen slowly
  • China’s position on crypto was “harder to predict” given the lack of transparency from its government

Link here for more.

Bitcoin update:

btcusd china reserve 10 December 2024 2