Richard Teng, chief executive officer of Binance Holdings Ltd., at an event hosted by the Foreign Correspondents Association in Singapore, on Tuesday, Sept. 17, 2024.
Ore Huiying | Bloomberg | Getty Images
Binance CEO Richard Teng says the Trump administration has been a “fantastic” reset for the cryptocurrency industry.
“It’s an extremely different environment that we’re operating in,” Teng told CNBC on Tuesday.
In the span of 16 months, Binance has gone from a political outcast to a possible power broker in Washington. Once the poster child for regulatory defiance – Binance was slapped with a record $4.3 billion settlement with regulators and forced to oust billionaire founder Changpeng “CZ” Zhao – the crypto exchange is now…
