Crypto regulations need clear vision and govt support, says Binance CEO Richard Teng — TradingView News
Binance CEO Richard Teng said that emerging markets will only be able to regulate and integrate crypto into their economy when they have a clear vision for the use cases of the digital asset and there’s a steady push from the government.
At present, only one-third of the global regulators have been able to successfully regulate the crypto ecosystem in their countries, Teng said on June 30 on the sidelines of a media tour in the Kingdom of Bhutan giving a glimpse of the on-ground adoption of crypto payments wallet Binance Pay by local vendors and citizens.
Launched about a month back, Binance Pay is being adopted as a UPI-like digital payments mode for tourism in the country.
Teng’s comments come at a time when India is cautiously…
