According to the Financial Times, Binance CEO Richard Teng stated that Binance is providing advice on digital asset regulations and establishing national Bitcoin reserves for multiple countries. He added that the company "has been in contact with several countries" and hopes to "help them develop cryptocurrency regulatory frameworks". However, he declined to disclose the list of countries collaborating with the company. Teng noted that nearly a quarter of Binance's 6,000 employees work in compliance, and the company will continue to invest heavily in this area. This month, Pakistan and Kyrgyzstan have announced that CZ has begun providing advice on developing crypto regulations and using blockchain technology.
Teng, who is responsible for Binance's international business, said the company "has benefited from policies in the United States in recent months. I believe market sentiment has changed significantly". Binance is "working very hard" to establish a global headquarters, which would break the previous situation of Binance not having an official headquarters. "This requires careful consideration, and the board and senior management are spending a lot of time evaluating, hoping we can announce our intentions in this regard."
