Binance, the world's largest cryptocurrency exchange, is now actively advising multiple governments on forming digital asset regulations and establishing national bitcoin reserves. This advisory role follows a tumultuous recent history, including Binance's 2023 guilty plea to U.S. charges related to money laundering and sanctions violations, which led to co-founder Changpeng Zhao's resignation and brief imprisonment.

Under CEO Richard Teng, Binance is trying to reset its global image, emphasizing compliance-now employing around 1,500 staff in that area and operating under a five-year U.S. monitoring program.

What are your thoughts on Binance's evolving role in global crypto regulations?

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