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Binance revealed as advising governments on crypto regulation

Binance logo
Photo: Justin Sullivan/Getty Images

Reports of the firm’s engagement with governments on crypto regulation have sparked mixed reactions.

Reports have emerged that Binance, the world’s largest cryptocurrency exchange, and its founder and former CEO Changpeng Zhao are advising various governments on regulatory frameworks to deal with digital assets.

Zhao, travelled to Islamabad and signed an agreement to become an adviser to the newly established Pakistan Crypto Council (PCC).