As Binance works toward redemption, CEO says Trump has been ‘fantastic’ for crypto$TRUMP
Binance CEO Richard Teng says the Trump administration has been a “fantastic” reset for the cryptocurrency industry.
“It’s an extremely different environment that we’re operating in,” Teng told CNBC on Tuesday. $BNB
In the span of 16 months, Binance has gone from a political outcast to a possible power broker in Washington. Once the poster child for regulatory defiance – Binance was slapped with a record $4.3 billion settlement with regulators and forced to oust billionaire founder Changpeng “CZ” Zhao – the crypto exchange is now navigating a dramatically friendlier political landscape under President Donald Trump’s second administration, Teng said. $BTC
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