Binance helping ‘a lot of countries’ with crypto reserve plans, CEO says – DL News
- Several countries have approached Binance about setting up crypto reserves.
- CEO Richard Teng says the US leads the rest of the world in national crypto adoption.
- Binance is trying to repair its image after several regulatory setbacks.
Binance, the world’s largest crypto exchange, has spent years trying to quench regulatory fires globally, but governments are now asking the firm for help with cryptocurrencies.
That’s according to CEO Richard Teng, who told the Financial Times that several countries have sought advice on establishing national crypto reserves and regulations ― a major narrative flip for a company accused in many jurisdictions of regulatory misdeeds.
Teng said crypto-friendly policies under US President Donald Trump have…
