Binance has undergone a stunning transformation under the leadership of CEO Richard Teng. Once viewed as a regulatory renegade, the world’s largest crypto exchange is now positioning itself as compliant, institutional, and AI-forward. Below is a collection of key quotes from Teng and other figures that reveal Binance’s evolving role in a friendlier political landscape under President Donald Trump’s administration.

the Trump Administration and the Crypto Industry

“It’s an extremely different environment that we’re operating in.”

“We’ve benefited from this shift.”

“We went from four years of Operation Choke Point 2.0 to now—you have a very pro-crypto, pro-AI president.”

Teng highlighted how the Trump administration has created a more accommodating climate for digital assets, contrasting it with the previous administration’s tougher stance on crypto.

Rumors of Trump Family Involvement in Binance

When asked about reports that the Trump family may take a financial stake in Binance, Teng responded:

“I believe both World Liberty Financial as well as CZ himself have tweeted and denied the reports.”

“.US and .com are quite different animals, right? They have different sets of shareholders, different boards of directors, and different CEOs running the show.”

Teng was careful in distancing Binance’s international operations from its U.S. arm, emphasizing their independence.

Binance’s Global Expansion and Regulatory Progress

“We have received a lot of approaches from different governments around the world.”

“We have benefited from all these pro-crypto policies.”

“We’ve made regulatory progress in Japan, Australia, Hong Kong, Brazil, Argentina, and the United Arab Emirates.”

“Binance is now licensed in 21 jurisdictions.”

“At any point in time, we have more than 40% of global market share.”

Teng underscored Binance’s rapid global expansion and its increasing regulatory compliance, positioning the company as a leading player in the global crypto ecosystem.

Binance’s Checkered Past and Compliance Overhaul

Reflecting on Binance’s early regulatory challenges and $4.3 billion settlement with U.S. regulators:

“We under-invested in compliance in those very early days.”

“But what’s important as a responsible institution is to acknowledge those early mistakes, make amends for it, and invest greatly into compliance, which we are doing now.”

“The direction of travel is very clear. It’s one of compliance.”

“Now I report to the board of directors. We have a board of seven members, including three independent directors and an independent chairman.”

“We want to make sure we run a very robust, operational, best-in-class platform.”

Nigeria’s Crackdown and Executive Detentions

Commenting on the imprisonment of Binance compliance officer Tigran Gambaryan and the escape of executive Nadeem Anjarwalla:

“The treatment he went through in Nigeria is not warranted.”

“We have always tried to liaise and work cooperatively with governments around the world.”

Teng addressed the challenges Binance faced in Nigeria, where the government brought multiple charges against the company.

Institutional Investment and AI Integration

Regarding Binance’s $2 billion investment deal with Emirati state-owned MGX:

“It’s the largest investment ever made into a crypto company and the biggest to be fully paid in stablecoins.”

“We are utilizing AI on an extensive basis.”

“Binance uses artificial intelligence for customer service, security, and compliance monitoring.”

“This is the blockchain sector. We have to continue to utilize technology to achieve efficiency.”

Crypto ETFs and Coinbase Competition

“A lot of users that start trading through ETFs subsequently advance to cryptocurrency platforms.”

“Crypto trades nonstop, ETFs are limited to business hours.”

Teng dismissed concerns about rival exchanges like Coinbase and argued that ETFs act as an entry point to deeper engagement in crypto trading.

What Keeps Him Up at Night

“Security, compliance, product innovation, and opportunities for mergers and acquisitions.”

Teng shared his key priorities as he works to transform Binance into a fully compliant and globally respected digital asset exchange.

President Trump’s Role

In a pre-recorded message, President Trump reportedly said:

“It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away.”

Trump’s endorsement of crypto and pro-business policies have encouraged Binance’s leadership to deepen their expansion and partnerships.

Binance’s new leadership under Richard Teng is rewriting the exchange’s narrative. The company is leveraging a favorable regulatory environment to repair its image, expand globally, and lead the next phase of crypto and AI integration.

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