Governments are racing to lock in bitcoin reserves—investors now have a narrowing window before sovereign accumulation reshapes the entire crypto landscape.
Bitcoin Reserve Momentum Surges as CZ Warns of Disappearing First-Mover Advantage
Binance founder and former CEO Changpeng Zhao (CZ) has warned that the window for investors to buy bitcoin before government entities do is rapidly closing. In a post shared on May 8 via social media platform X, Zhao stated:
You can buy while governments are buying or after they have bought. The ‘before’ option is disappearing.
Zhao’s comment came after Arizona became the second U.S. state to enact a law establishing a strategic bitcoin reserve. His remark coincided with a series of policy developments in the United States and globally, as governments increasingly move to formalize strategic bitcoin holdings.
In a landmark move, New Hampshire has become the first U.S. state to enact a strategic bitcoin reserve policy. Following suit, Arizona passed House Bill 2749, establishing a reserve fund for unclaimed digital assets like staking rewards and airdrops. Meanwhile, Texas is advancing Senate Bill 21, which has cleared both the Senate and a House committee, aiming to create a state-managed bitcoin reserve focused on high-market-cap cryptocurrencies.
States are increasingly adopting digital assets in fiscal strategies, with bitcoin seen as a hedge against inflation and a diversification tool. The movement gained momentum after President Donald Trump signed an executive order to create a national bitcoin reserve and broader cryptocurrency stockpile.
The former Binance CEO now advises governments on crypto policy and reserves, helping nations like Pakistan and Kyrgyzstan integrate digital assets and blockchain into public systems. His input supports efforts to diversify national reserves with assets like bitcoin and BNB, aligning with global trends in crypto adoption. Despite concerns over volatility, supporters say bitcoin can protect against financial instability and enhance monetary sovereignty in a digital economy.
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Russia Intensifies Drive to Replace US Dollar in Global Trade
Russia accelerates the global de-dollarization drive with bold new push for national currencies and economic sovereignty in trade.
Russia Ramps up Exit From Dollar-Dominated Trade System
The global shift toward settling trade in national currencies instead of the U.S. dollar is gaining traction, with Russia positioning itself at the forefront of this movement. During the seventh Moscow Academic Economic Forum on June 2, Russian Foreign Minister Sergey Lavrov stressed the importance of creating independent mechanisms for foreign trade as a way to reinforce the country’s economic autonomy. He was quoted by Tass as saying:
The tasks of further strengthening of Russia’s economic and technological sovereignty, including through the creation of mechanisms for servicing foreign trade independent of external pressure, and the transfer of international settlements into national currencies, are coming to the fore now.
Lavrov argued that the international landscape—characterized by heightened sanctions and what he described as “persisting attempts by a number of Western countries to curb the development of our country”—necessitates urgent action to build a resilient economic model. He called for a unified effort among government bodies, the business sector, academia, and civil society to support this transformation. According to Lavrov, such coordinated engagement is essential to establishing what he called a more just, multipolar economic architecture, in contrast to the Western-dominated global order.
The remarks follow a rising global interest in alternatives to the dollar for cross-border transactions, driven by efforts to reduce the impact of sanctions and reliance on centralized financial systems. Major economic groups such as BRICS, the Shanghai Cooperation Organization, and ASEAN are pursuing these alternatives. In Russia, this movement includes growing interest in decentralized technologies like blockchain and digital assets. Advocates say tools such as Bitcoin could support national economies by facilitating transactions outside conventional financial networks, contributing to de-dollarization and economic autonomy.
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