Binance CEO says Trump has been ‘fantastic’ for cryptocurrency

Richard Teng, chief executive officer of Binance Holdings Ltd., at an event hosted by the Foreign Correspondents Association in Singapore, on Tuesday, Sept. 17, 2024. 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. 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…