David Edwards
The founder and former CEO of Binance, Changpeng Zhao, has made it known that he will help governments all over the world create cryptocurrency laws and adoption plans at no cost. In a post on social media site X, Zhao said he would be happy to offer advice to any government that is “genuinely embracing crypto,” adding that there is no financial charge for his advice other than the restrictions on his availability.
Zhao is still a key player in the cryptocurrency sector even after leaving Binance in 2023 after reaching a $4.3 billion settlement with the US Department of Justice. His ongoing participation in policy debates demonstrates a calculated shift from business leadership to international advocacy.
This move comes at a time when nations all over the world are figuring out how to regulate cryptocurrencies. While some are investigating integration solutions, such as state-backed digital currencies and national crypto reserves, others are enforcing stringent limitations. Zhao’s proposal to offer regulatory advice is intended to assist individuals who are inclined toward frameworks that encourage innovation.
Zhao recently took up an official position with Pakistan’s Crypto Council, a regulatory body dedicated to developing national blockchain infrastructure and promoting digital asset education, in keeping with his advisory goals. He has also discussed the economic potential of decentralized technologies with Malaysian officials; however, specifics of these meetings are classified. Earlier this month, Zhao signed a Memorandum of Understanding with Kyrgyzstan to strengthen the nation’s infrastructure, education, and crypto governance.
Zhao’s outreach highlights how seasoned business executives are increasingly influencing the regulatory frameworks required for long-term cryptocurrency acceptance, especially in developing nations.
