Binance responds to recent public opinion: SAFU fund will be converted into Bitcoin reserves, disclosing risk control and compliance results BlockBeats News: On January 30th, Binance Chinese released an open letter to the crypto community, responding to recent market and community concerns. Binance stated that as the platform scale expands, industry fluctuations, also known as platform fluctuations, will demand higher standards from itself and continue to improve governance, risk control, and transparency. Quick overview of key points: User asset retrieval: Assisted in retrieving 38648 incorrectly charged assets in 2025, totaling $48 million; Accumulated recovery of over 1.09 billion US dollars. Risk control: Assisted 5.4 million users in identifying risks throughout the year, avoiding approximately $6.69 billion in fraud losses. Law Enforcement Collaboration: Collaborate with global law enforcement agencies to combat illegal activities involving $131 million. Listing and Ecology: By 2025, spot listing will cover 21 public chains, mainly ETH, BSC, and SOL, and be included in 13 new public chains. Asset transparency: As of the end of 2025, the reserve certificate covers approximately $162.8 billion in user assets, encompassing 45 types of assets. SAFU Fund Adjustment: Gradually convert the original $1 billion stablecoin reserve into Bitcoin, planned to be completed within 30 days; If the market value fluctuates below $800 million, BTC will be replenished to recover to $1 billion. Binance emphasizes that it will continue to invest in the construction of the cryptocurrency ecosystem under the principles of openness, transparency, and long termism, and work together with the industry to cope with cyclical fluctuations.