Binance, the world’s largest cryptocurrency exchange, is advising several countries on creating digital asset regulations and establishing national strategic Bitcoin reserves.
The United States, under President Donald Trump, is making progress in developing regulations for digital assets and setting up Bitcoin reserves for national defense.
Binance has received requests from governments and sovereign wealth funds for assistance in establishing digital asset regulatory frameworks, particularly after noticing the US's active stance.
Binance is focusing on improving compliance efforts and currently employs 6,000 staff members, 25% of whom are dedicated to compliance roles.