Binance, the world’s biggest cryptocurrency exchange, which in 2023 pleaded guilty to US criminal charges, is advising several countries on creating their own digital assets regulations and establishing national strategic bitcoin reserves.
Richard Teng, the firm’s chief executive, told the Financial Times that the US’s more crypto-friendly approach under President Donald Trump, including plans to set up a regulatory framework for digital assets and a national stockpile, was spurring other countries into taking similar action.
“Compared to many other jurisdictions, [the US] are way ahead on that front,”…
