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Binance Allocates 1,500 Staff to Help Nations Develop Crypto Reserve Frameworks

  • Binance is collaborating with countries interested in establishing their own strategic crypto reserves, inspired by the pro-crypto stance of the U.S. under the Trump administration.
  • Binance CEO Richard Teng revealed that the cryptocurrency exchange is working with several nations to develop regulatory frameworks, with a team of 1,500 employees dedicated to compliance roles.
  • The U.S. is leading in crypto developments compared to other jurisdictions, according to Teng.
  • Partnering with governments on national reserve projects helps Binance expand its global influence as the world's leading cryptocurrency exchange.

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