In 2025, US cryptocurrency legislation will become clearer, and the industry will see new historical highs. stated Binance CEO Richard Teng on stage at the World Economic Forum in Davos.
In his opinion, clear regulations, together with the friendly attitude of the Donald Trump administration that has come to power, will push the crypto market to new records within a year.
He pointed to a “drastic change in the narrative” around digital assets, including on the sidelines of the Davos forum.
The expert believes that Trump will give these tools the necessary “recognition” and certainty. In addition, the president is not the only supporter of cryptocurrencies in the government.
Teng noted that the US House of Representatives and Senate in 2025 will be much friendlier. In addition, he pointed to the positive appointments for digital assets of Paul Atkins and Brian Quintenz as chairmen SEC And CFTC.
Binance CEO suggested that the crypto industry will see the development of regulation for token issuance, trading and asset management.
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Source: Cryptocurrency
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