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Binance has shifted from legal troubles to becoming a global crypto advisor. Once under intense scrutiny and fined over $4.3 billion in 2023 for regulatory violations the crypto giant is now working closely with several governments on building national Bitcoin reserves and shaping digital asset regulations.
Binance CEO Richard Teng confirmed that many countries and sovereign wealth funds have reached out for guidance on creating strategic crypto reserves. He also said Binance is helping nations draft frameworks to govern cryptocurrencies. While he did not name the countries he emphasized that global interest is growing fast especially with rising support from the United States.
As President Trump pushes for a national crypto stockpile other nations are racing to catch up. Teng highlighted that the U.S. remains far ahead in crypto preparedness. Binance’s transformation from enforcement target to trusted advisor marks a significant moment for the industry showing growing recognition of crypto’s role in future economies.
