Binance and the new Crypto landscape under the Trump administration:
A strategic shift, Binance has undergone a significant transformation in the last 16 months.
It has moved from being a marginalized player in the political sphere to becoming a company with growing influence in Washington. Its CEO, Richard Teng, has emphasized that the Trump administration has represented a "fantastic" reset for the cryptocurrency industry.
This change comes after a record $4.3 billion deal with regulators and the exit of founder Changpeng "CZ" Zhao. With Teng at the helm since November 2023, Binance has skillfully navigated an increasingly favorable political environment.