Binance CEO Richard Teng discusses crypto volatility, Donald Trump’s support and Australian regulation
The bitcoin price may have tumbled 20 per cent in the past month, but seasoned crypto investors aren’t panicking just yet: the price is still more than double its level at the start of last year.
“Over the last 1½ years, the crypto sector has performed very well. So it’s not unexpected people are profit taking,” Richard Teng, the global boss of Binance – the world’s largest cryptocurrency exchange – says of the recent rout.
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