Binance Is Advising Governments on Crypto
Less than two years after pleading guilty to money laundering and sanctions violations in the U.S., Binance is now helping governments shape crypto regulations. Yes, you read that right.
The world’s largest cryptocurrency exchange has flipped the script and taken on a global advisory role, despite its checkered legal history.
In a recent interview, Binance CEO Richard Teng revealed that multiple governments have asked the company for input on regulatory frameworks and even national Bitcoin reserves.
Teng cited the U.S.’s more open approach to crypto under President Donald Trump, noting that efforts to create a national digital asset strategy and build a Bitcoin stockpile have inspired other countries to follow suit.
“Compared to many other jurisdictions, the U.S. is way ahead in this regard,” Teng said. While he declined to name specific countries, he confirmed that Binance is now playing a key role in shaping national crypto policies around the world.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
