The worldâs largest cryptocurrency exchange, Binance, is playing an unexpected role in international relations. It is currently advising many countries on how to create their own laws governing digital assets and national bitcoin reserves.
#Binance CEO #RichardTeng discussed the increasing interest from countries eager to create a regulatory framework for digital assets in an interview with the Financial Times. Teng emphasized the progressive stance of the US under President Donald Trump, noting that the country has set standards with a well-defined regulatory framework and even prepared a national bitcoin reserve.
Teng claims that other countries are motivated to take a similar proactive approach. He emphasized that when it comes to digital assets, the US is far ahead of most other countries, and as a result, Binance has been approached by many countries seeking help in creating crypto regulations.
Teng did not name any specific countries, but confirmed that the organization is working with many governments.
âWe are now in a form and structure that regulators appreciate much more than in the past,â Teng said, promising that the business has made significant progress.
Binance has received additional media attention this month after it began advising Pakistan and Kyrgyzstan on crypto regulation and helping implement blockchain technology. Teng confirmed that Binance offers its expertise to governments and sovereign wealth funds around the world to set up digital asset reserve systems.
Bitcoin reached $108,000 shortly after Trump won the election in November 2025, but lost 10% of its value by early 2026 as investors grew skeptical of Trumpâs tariff policies.
Binance has undergone a historic transformation to become a respected global authority in the crypto space. The exchangeâs partnership with countries to create digital asset regulations demonstrates an ongoing industry development that is furthering cryptoâs economic recognition worldwide.