Binance Advises Countries on Crypto Regulations & Bitcoin Reserve
The biggest cryptocurrency exchange in the world, Binance, is playing an unexpected role in international affairs. Binance is currently counselling a number of nations on how to create their own laws governing digital assets and national bitcoin reserves after entering a guilty plea to U.S. criminal charges in 2023.
Binance CEO Richard Teng discussed the increasing interest from countries keen to establish a regulatory framework for digital assets in an interview with the Financial Times. Teng emphasized the United States’ progressive stance under President Donald Trump, pointing out that the country is setting the standard with a well-defined regulatory framework and even preparing a national bitcoin reserve.
Teng claims that other…
