At the Bitcoin Asia Conference in Hong Kong, Binance founder Changpeng Zhao expressed his belief that Bitcoin will become the global reserve currency. This statement highlights Asia's rising significance in the global crypto economy and the prospects of asset tokenization.
Bitcoin Will Become the Global Reserve Currency
Speaking at the Bitcoin Asia Conference 2025 before a crowd of over 15,000 people, Changpeng Zhao declared with confidence that, 'Bitcoin will become the global reserve currency. And Nations are adopting it.' He explained that this is not just a guess, as governments, companies, and institutions are already moving in this direction.
Asia at the Center of Bitcoin Growth
CZ’s remarks carried even more weight because Asia is quickly emerging as a global crypto powerhouse. The region now makes up 43% of global crypto ownership, with Hong Kong leading the way after approving spot Bitcoin and Ethereum ETFs and introducing supportive regulations. Countries like Japan, Korea, India, and Singapore are also seeing rapid growth, making Asia a key player in Bitcoin’s journey toward reserve currency status.
Governments Holding Bitcoin Like Gold
What was once seen as a 'digital experiment' is now turning into a national strategy. Governments worldwide hold more than 460,000 BTC, around 2.3% of the total supply. The U.S. leads with nearly 198,000 BTC, much of it from criminal seizures, while China surprisingly holds around 190,000 BTC despite years of restrictions. Other countries, including the UAE, Bhutan, India, and Japan, are quietly adding to their reserves as well.
For CZ, Bitcoin’s path is clear: it has gone from 'digital gold' to a serious contender for the world’s reserve currency.
