According to online reports, Binance CEO Richard Teng told the Financial Times that under the leadership of President Trump, the United States has adopted a more friendly attitude towards cryptocurrencies, including plans to establish a digital asset regulatory framework and national reserves, which are stimulating other countries to take similar actions. Binance has approached many countries to help them develop regulatory frameworks for cryptocurrencies. But he declined to disclose a list of countries with which the company worked. Richard Teng said that Binance is currently helping some countries establish national strategic digital asset reserves. Nearly a quarter of Binance's 6000 employees are engaged in compliance work and will continue to invest heavily in this area. Earlier this month, Pakistan and Kyrgyzstan both announced that Binance founder CZ had begun advising them on developing encryption regulations and using blockchain technology.