CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

crypto.news 2025-04-17 07:41:39

Binance in talks with countries to establish strategic Bitcoin reserves: report

Once at the center of major enforcement actions, Binance now appears to be advising countries on creating strategic crypto reserves. Despite facing criminal charges in 2023, Binance now seems to be advising governments and sovereign wealth funds on how to create national strategic Bitcoin ( BTC ) reserves and set digital asset regulations, Binance CEO Richard Teng told the Financial Times. In a Thursday interview , Teng said that the exchange has received “quite a number of approaches by a few governments and sovereign wealth funds” on the establishment of “their own crypto reserves.” He said the exchange is also helping countries “with formulating their regulatory framework to govern crypto.” While Teng didn’t name the countries involved, he noted that Binance has been approached “by quite a lot” of them. The shift comes as the U.S. under President Donald Trump signals more support for crypto, including plans for a national crypto stockpile. Teng said this has prompted other countries to take similar steps, adding that compared to many other jurisdictions, the U.S. are still “way ahead on that front.” You might also like: AERGO crashes over 70% amid Binance manipulation rumours Binance’s involvement follows a period of heavy regulatory pressure. In 2023, the company pleaded guilty to U.S. criminal charges related to money laundering and sanctions violations, paying more than $4.3 billion in penalties. Binance’s co-founder Changpeng Zhao stepped down and served four months in prison. Binance agreed to retain independent compliance monitors as part of its settlements with U.S. prosecutors and FinCEN. A recent report by the Wall Street Journal, citing people familiar with the matter, revealed that Binance executives asked U.S. Treasury officials to remove a monitor overseeing the exchange’s compliance with anti-money-laundering rules, though it’s not clear if the talks went anywhere. Read more: April incidents reflect the multi-layered challenges Binance continues to face

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta