The crypto industry is on the brink of a new chapter—and this time, the spotlight isn’t just on America, but the entire world. Binance CEO Richard Teng has voiced strong support for the U.S.’s groundbreaking cryptocurrency regulatory framework, which has the potential to create clear, innovation-friendly, and globally influential standards for blockchain.
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🇺🇸 Moving From Outdated Rules to Blockchain Reality
In a post on X (formerly Twitter), Teng stated:
> "The U.S. is finally moving past the phase of trying to apply blockchain technology to 80-year-old securities laws."
This shift moves away from forcing blockchain into outdated legal molds, towards a modular, layered regulatory approach—powered by the Crypto Project, the GENIUS Act, and ongoing market structure bills in Congress.
The new framework promises:
Clear token classification standards – defining each crypto asset’s legal status.
Innovation testing pathways – allowing projects to test compliance without fear.
Licensing structures – reflecting how the crypto market actually works in real life.
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🛡️ Safety Principles – The Turning Point
According to Teng, the safety principles in the Crypto Project represent a “significant breakthrough.” They allow token projects to grow within a legal gray area—as long as disclosure and compliance requirements are met—without the threat of immediate enforcement.
This could:
Reduce legal risks that have stifled U.S. developers.
Slow down talent migration overseas.
Open institutional doors through clear custody, staking, and separation rules.
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📲 The ‘Super App’ Licensing Model
One of the most exciting proposals is the ‘Super App’ licensing model, which would streamline compliance, enhance user protection, and create a unified standard.
This model could draw in major institutions currently hesitant due to unclear regulatory frameworks—accelerating adoption and growth.
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🌐 U.S. Leadership = Global Influence
Teng highlighted a crucial point:
> "If implemented, the Crypto Project could establish a global standard."
The U.S. has historically set the tone for global financial regulation. If this framework takes effect, other jurisdictions will likely follow suit, creating a domino effect toward a responsible and innovation-friendly global crypto system.
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🤝 Binance’s Advocacy & Collaboration
Teng expressed appreciation for Chair Atkins and the SEC team for working alongside the industry. Binance has long advocated for clear rules on custody, disclosure, and AML.
On August 11, Teng shared:
> "We collaborate with regulators, developers, and industry partners to develop cryptocurrency responsibly and sustainably."
This shows Binance’s commitment to building not just for profits, but for long-term trust and stability in the crypto ecosystem.
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🔮 Why This Matters – The Road Ahead
If the framework is implemented, we could see:
Accelerated crypto innovation in the U.S.
Institutional adoption at scale.
Global regulatory harmony.
A safe space for developers to experiment.
This isn’t just a policy change—it’s a paradigm shift for the future of cryptocurrency.
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