Financial Times: Binance is providing advice on digital asset regulations for multiple countries and plans to establish a global headquarters

Foresight News
Foresight News|Apr 17, 2025 10:52
According to Foresight News, as reported by the Financial Times, Richard Teng, CEO of Binance, stated that Binance is providing recommendations for multiple countries to develop digital asset regulations and establish national strategic Bitcoin reserves. He added that the company has been in contact with multiple countries, hoping to help them develop a regulatory framework for cryptocurrencies. But he refused to disclose the list of countries that cooperate with the company. Richard Teng stated that nearly a quarter of Binance's 6000 employees are engaged in compliance work, and Binance will continue to invest heavily in this field. This month, Pakistan and Kyrgyzstan have announced that Zhao Changpeng has started providing advice to them on the development of encryption regulations and the use of blockchain technology. Teng, who is responsible for Binance's international business, stated that the company has benefited from the policies introduced by the United States in the past few months. I believe market sentiment has undergone significant changes, and Binance is working very hard to establish a global headquarters for the exchange, which will break the previous situation where Binance did not have a formal headquarters. This requires careful consideration. The board of directors and senior management are spending a lot of time evaluating it, and we hope to announce our intentions in this regard
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