Binance is advising countries on crafting crypto regulations and national bitcoin reserves after its guilty plea in 2023. CEO Richard Teng noted the U.S.’s leading regulatory framework as a model for others. The company is also assisting nations like Pakistan and Kyrgyzstan with blockchain technology and crypto regulations, solidifying its position as a respected authority in the digital assets sector.
Binance, the largest cryptocurrency exchange globally, is advising numerous nations on how to develop regulations governing digital assets and establish national bitcoin reserves following its guilty plea to U.S. criminal charges in 2023. CEO Richard Teng highlighted a growing interest from countries aiming for regulatory frameworks for digital assets during an interview with the Financial Times.
In discussing the regulatory landscape, Teng pointed out the United States’ proactive approach under President Donald Trump. He noted that the U.S. is leading in creating a structured regulatory framework and is preparing a national bitcoin reserve, which inspired other nations to pursue similar initiatives.
Although Teng refrained from disclosing specific nations, he confirmed Binance’s involvement with various governments in crafting crypto regulations. This effort comes just 18 months after the company’s guilty plea concerning illegal money laundering and sanctions violations.
Teng asserted that Binance has undergone substantial improvements, stating, “We are now in a form and shape that regulators appreciate much more compared to the past.” The exchange gained further attention recently by assisting Pakistan and Kyrgyzstan in establishing crypto regulations and implementing blockchain technology.
Additionally, Binance provides expertise to governments and sovereign wealth funds in developing digital asset reserve systems. This cooperation illustrates Binance’s evolution into a respected authority within the cryptocurrency industry, highlighting its significant role in advancing the global economic recognition of digital assets.
Furthermore, while Bitcoin reached an all-time high of $108,000 after Trump’s election victory in November 2025, investors faced a 10% value decline at the beginning of 2026 due to uncertainties about Trump’s tariff policies.