Binance Advises Nations on Establishing Bitcoin Reserves

Binance is advising several countries on the regulation of digital assets and is actively involved in developing strategies for forming cryptocurrency reserves. This was revealed by the company’s CEO, Richard Teng, in an interview with Financial Times.

He noted that the United States sets the tone in the realm of crypto legislation under the leadership of President Donald Trump. According to him, initiatives to create a national bitcoin reserve and new regulatory frameworks have sparked interest from other countries in similar projects.

A representative from Binance did not disclose which specific countries the company is collaborating with but mentioned that “quite a few” nations have already sought assistance.

Teng emphasized that nearly a quarter of the exchange’s employees are engaged in regulatory compliance matters. He added that the company now “has a form and appearance that government bodies appreciate much more than before.”

Back in 2023, the SEC filed 13 charges against Binance and its founder Changpeng Zhao, including allegations of unregistered offerings and sales of BNB and BUSD tokens.

In February 2025, the Commission and the crypto exchange filed a joint motion to stay the proceedings for 60 days. In April, the parties requested to extend the pause for the same period.