BNB News Today: Binance's Wallet Shift: Navigating Regulations to Bridge Traditional and Crypto Finance

Binance's Yi He has hinted that the BNB Chain may expand wallet support amid ongoing U.S. regulatory challenges, as the network phases out its native browser extension wallet. The BNB Chain Wallet (BEW) will be removed from Chrome and Firefox extension stores on October 15, 2025, with users advised to back up seed phrases or private keys and transition to alternative wallets such as Trust Wallet or Binance Wallet. The sunset process began on September 15, 2025, and users who retain BEW installations are cautioned to do so at their own risk. While BEW V3 remains accessible for token recovery, it is no longer officially supported.

The move aligns with Binance's broader strategy to address U.S. regulatory scrutiny, which has intensified since the SEC's 2023 lawsuits against the exchange. In parallel, BNB Chain has seen growing institutional interest, with $1.2 billion in BNB acquired by publicly traded firms in the U.S., including Windtree Therapeutics and CEA Industries. Hong Kong-based China Renaissance also allocated $100 million to BNB Chain in August 2025, marking the first direct investment by a Hong Kong-listed firm into a cryptocurrency. These developments underscore BNB's transition from a utility token to a bridge between traditional finance and decentralized systems, supported by deflationary economics and regulatory-friendly frameworks in regions like Hong Kong.

The U.S. market remains a regulatory gray area for BNB, with limited availability on domestic exchanges and legal risks deterring institutional adoption. In contrast, BNB Chain has solidified its position in global markets, particularly in Asia, Europe, and Africa, where it is used for remittances, gaming, and DeFi. The chain's high transaction throughput (0.75-second block times) and low fees ($0.01 average) have made it a preferred platform for tokenizing real-world assets (RWAs), including Treasuries and commodities. This growth is further bolstered by a 31% reduction in circulating BNB supply through regular token burns.

Binance's focus on cross-chain interoperability also highlights its long-term vision. The chain has integrated with Cosmos IBC and third-party bridges like Axelar, while exploring ZK-based solutions to enhance security and reduce latency. However, cross-chain bridges remain vulnerable to hacks, as seen in past incidents involving Ronin and Wormhole. Binance emphasizes audits, multi-signature wallets, and decentralized oracle networks to mitigate risks.

The BNB Chain's ecosystem expansion is evident in its RWA initiatives, with projects like Circle's USYC and VanEck's VBILL tokenizing traditional assets on the chain. These efforts position BNB as a hub for institutional-grade tokenization, combining compliance with DeFi utility. Yi He's hints at expanded wallet support suggest Binance aims to further streamline user access while navigating regulatory complexities, particularly in the U.S.

[1] BNB Chain Blog (https://www.bnbchain.org/en/blog/bnb-chain-wallet-bew-sunset-important-update)

[2] Blockchain News (https://blockchain.news/news/bnb-chain-wallet-bew-to-cease-operations-by-october-2025)

[4] The Currency Analytics (https://thecurrencyanalytics.com/altcoins/bnb-100m-institutional-backing-signals-new-phase-of-global-adoption-192406)

[6] BNB Chain Blog (https://www.bnbchain.org/en/blog/rwas-on-bnb-chain-a-landscape-overview)

[7] Youlives (https://youlives.com/the-future-of-interoperability-on-bnb-chain/)

[8] BuiltIn (https://builtin.com/articles/cybersecurity-risks-cross-chain-interoperability)