Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide.
What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic change in the global financial landscape, noting that the United States, the world’s largest economy, is now openly supporting digital currencies after years of regulatory uncertainty and skepticism under the previous administration.
This shift, he argued, marks a turning point for an industry that faced significant challenges during Joe Biden‘s tenure.
Teng, joined by HashKey Capital CEO Chao Deng at the event, praised the current U.S. leadership, suggesting that industry players overwhelmingly favor Trump’s approach over the stricter oversight of the past.
Deng echoed this sentiment, pointing out that Donald Trump‘s policies are fueling a surge in both institutional and retail …
Full story available on Benzinga.com