Binance Advising Multiple Governments on Bitcoin Policy, CEO Says

As the US sharpens its approach to digital asset
policy, other countries are reaching out to Binance to explore their
own national strategies for holding Bitcoin, the Financial Times reported. While Teng did not disclose which countries are
involved, he highlighted that the United States is currently leading global
efforts in developing strategic Bitcoin frameworks.

CEO Richard Teng says the crypto exchange is now
advising governments and sovereign wealth funds on how to establish digital
asset reserves, an emerging trend with potentially far-reaching economic
implications.

Richard Teng, who became Binance CEO after Changpeng
Zhao stepped down, revealed in an interview that multiple governments have
asked the company for input on setting up strategic Bitcoin reserves and
crafting crypto regulations.

States Seek Guidance Amid Rising Institutional
Interest in Bitcoin

While he declined to name the specific countries
involved, Teng pointed to the United States as “way ahead” in these
developments.

Teng’s comments come as the concept of Bitcoin as a
strategic national asset gains traction. Earlier this year, former US President
Donald Trump signed an executive order to create a Strategic Bitcoin Reserve,
funded by confiscated BTC from criminal and civil proceedings.

JUST IN: Binance is advising several countries on establishing national strategic #Bitcoin Reserve: FT pic.twitter.com/Ijo6TrsFPo

— Bitcoin Magazine (@BitcoinMagazine) April 17, 2025

The move appears to have influenced other nations to
consider similar frameworks. While countries such as Pakistan and Kyrgyzstan
have recently announced partnerships with Binance around crypto regulation,
none have yet confirmed plans to establish Bitcoin reserves.

Still, Teng noted that interest in both reserves and
policy formation is growing globally, especially in light of US leadership on
the issue. This global outreach marks a notable evolution in Binance’s public
role. Once operating without a fixed headquarters, the company is now
considering establishing a global base, Teng confirmed.

The move reflects both Binance’s maturing posture and
the broader regulatory shift occurring across crypto markets. With countries
beginning to mirror US moves in this space, Binance’s role as an advisor may
only deepen in the coming years.

Binance Reconsiders Its ‘No Headquarters’ Era

Teng acknowledged that Binance’s management is
currently evaluating locations for a global headquarters, a marked change from
founder Changpeng Zhao’s earlier stance that physical offices were outdated.

The decision comes amid increasing regulatory clarity
across several jurisdictions, which have made it easier for large players like
Binance to operate within formal legal structures. In past years, the company
faced scrutiny from numerous regulators over its lack of physical presence and
licensing.

Binance’s expanding influence in shaping national
crypto policies and reserves indicates a shift in how governments view digital
assets: not only as financial tools but also as elements of strategic economic
infrastructure.

This article was written by Jared Kirui at www.financemagnates.com.



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