During the 'CEO Connect: May Edition' Twitter Spaces, Binance CEO Richard Teng stated that increasingly stringent regulations are not a threat but a positive force accelerating trust in cryptocurrencies and institutional investment. Richard Teng also emphasized Binance's efforts to work directly with governments globally and mentioned Binance's cooperation with the Kingdom of Bhutan. Richard Teng stated that thanks to government-led digital initiatives, citizens of Bhutan can now use cryptocurrencies to pay for flights, meals, and travel services.
In addition, Richard Teng also added that Binance supports governments around the world in building Bitcoin reserves and formulating long-term digital asset strategies.
