Binance acting as adviser to governments on crypto regulations
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Publish date
Apr 17, 2025 - 12:00am
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RYzv2n5psUmznQQjHDdW7m
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https://www.ft.com/content/afd62059-9bb8-43b3-9395-65dd92a94d33
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Binance engaged in international crypto advisory efforts
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He also said Binance was “working very hard” on plans for a global headquarters for the exchange, a move that would break with its past, when Zhao long insisted it had no formal home. “It requires serious deliberation and the board and the senior management are spending a lot of time doing the evaluation . . . and hopefully we are able to announce our intentions on that front.”
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The news comes less than 18 months after Binance pleaded guilty to criminal charges related to money laundering and breaching international financial sanctions, and agreed to pay more than $4.3bn in penalties. Co-founder and chief executive Changpeng Zhao stepped down and was replaced by Teng. Zhao later served four months in prison.
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