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Binance in Talks with Governments on Crypto Reserves

  • 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.

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