US Is Poised To Become Global Crypto Hub After Regulatory Breakthrough, Binance CEO Says
Posted On June 2, 2025
Binance CEO Richard Teng on Monday said the United States is “firmly back in the driver’s seat” to lead the global crypto industry, following a major regulatory development that saw U.S. authorities drop a lawsuit against the crypto exchange and its founder Changpeng Zhao.
What Happened: “This is a significant win not just for Binance, but for the entire industry,” Teng said during an interview with CNBC. “The U.S. is firmly back in the driver’s seat to become the crypto hub of the world.”
Teng credited the shift to the regulatory approach taken by the current administration, …
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