Binance Advises Governments on Crypto Rules and Digital Asset Reserves

Binance, the world’s largest cryptocurrency exchange, is now quietly helping multiple governments develop their own crypto regulations and digital asset reserve strategies, according to the Financial Times. The company’s efforts come as countries increasingly seek guidance on how to navigate the complex world of blockchain and digital currencies.

Richard Teng, who became Binance’s CEO in 2023 following a leadership shake-up, revealed that the firm is playing an active role in assisting several national governments with policy development. Though he did not name specific countries, Teng said that…

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