Binance CEO sees “180 degrees change” in the US

From Yahoo Finance: 2025-06-15 09:30:00

Binance CEO, Richard Teng, praises the SEC’s decision to drop the 2023 lawsuit against Binance as a significant shift in U.S. crypto policy, potentially restoring the country as the global crypto capital. Teng credits Chairman Paul Atkins, Donald Trump, and his administration for supporting innovation over stifling it.

With a focus on global growth, Binance closely monitors U.S. rule proposals, including the stablecoin act and crypto regulations, while exploring future opportunities in the U.S. market. Under Teng’s leadership, Binance has surpassed 275 million registered users, attributed to a clear mission and strong culture.

Emphasizing user-centric features like Binance Megadrop and Super Earn products, Teng highlights the platform’s commitment to security and compliance. Binance invests heavily in data encryption, multi-layer security, and the Secure Asset Fund for Users (SAFU), a one billion-dollar reserve to compensate customers in case of a breach.



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