Changpeng Zhao predicts China will adopt Bitcoin as a strategic reserve asset

It has been predicted that China will also stockpile Bitcoin as a strategic reserve asset. Zhao Changpeng, former CEO of Binance, said on the 9th (local time)
), speaking at the Bitcoin MENA Conference in Abu Dhabi, said, "Given the lack of transparency from the Chinese government, it is difficult to predict China's position on cryptocurrencies."
"However, China will be one of the countries that adopt Bitcoin as a strategic reserve asset," he predicted. "China will be the first to adopt Bitcoin as a strategic reserve asset," he continued.
"We will be watching to see whether China adopts the coin as a strategic reserve asset," he said, explaining, "China can quickly pursue such a policy at any time if it so desires."