Quantcast

Teng: Binance is preparing 'for any shifts in policy that might come with new leadership'

CRYPTO NEWS AROUND THE GLOBE
PSAN: the challenges of Circle and Coinbase's arrival in France
EXCLUSIVE: Swift makes progress on a blockchain settlement system
Shares, Trade Republic, Robinhood: the growing appetite of investment apps for cryptos
Banks, Tech, Crypto: The Biggest Winners and Losers in Congress
Stablecoin Push Unleashes Flood of Crypto Lobbying Cash in US Congress
Fiat Republic raises $7M to connect banks and crypto exchanges
Crypto startup Fideum wins Mastercard Lighthouse incubator prize
La Belgique souhaite soutenir une initiative blockchain européenne
Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding
Binance Crackdown Unleashes Unprecedented Scrutiny on Crypto Transactions
Galaxy Digital targets more crypto bankruptcy asset sales after FTX deal
Super PAC Raises $78 Million From Crypto Who’s Who
Private Credit Rebounds in the Crypto Sector With a 55% Jump in 2023
The Countdown for a Bitcoin ETF Decision Is Approaching a Critical Deadline
Exclusive. Binance leaves Adan's Board of Directors
Goldman Sachs anticipates surge in security token trading
The French Red Cross launches its first NFT donation collection with TheSandbox
According to JPMorgan, Ether will outperform Bitcoin and other cryptocurrencies in 2024
Obligate launches tokenized structured products for institutional investors
Ex-Credit Suisse Executive Debuts Crypto Trading Venue for Banks
GAC: Jack Dorsey Invests $6.2M in the “Ocean” Project
Bitstamp and Flowdesk 1st step for the EURCV stablecoin
The Blockchain Group: receivership raises a number of questions
Marwan Alzarouni (Dubai): "Our regulation will be strengthened as the ecosystem develops".
Coinbase to Offer Spot Crypto Trading Outside US in Global Expansion
DWS, Flow Traders and Galaxy Are Forming a Firm to Issue an Euro Stablecoin
Google softens its policy on crypto advertisements, in view of the Bitcoin spot ETF?
ELIZABETH WARREN RECRUITS 5 SENATORS FOR HER ANTI-CRYPTO BILL
CHINA: BLOCKCHAIN USED TO VERIFY THE IDENTITY OF CITIZENS
Inflation, yield: are the French increasingly tempted by cryptos?
All Crypto News Around The Globe
Teng: Binance is preparing 'for any shifts in policy that might come with new leadership'
Policy
Webp teng 7
Binance CEO Richard Teng (right) | X/_RichardTeng

Binance CEO Richard Teng stated that the company is preparing for potential changes in France's crypto-related policies following the country's upcoming elections. Teng shared his statement during a June 17 episode of the Bankless podcast.

"We are aware of the potential political risks and the possibility of changes in leadership," said Teng. "It's important for us to prepare for any shifts in policy that might come with new leadership."

France is set to hold two rounds of parliamentary elections on June 30 and July 7, according to the Financial Times. Candidates from President Emmanuel Macron's Ensemble party are trailing behind candidates from the Rassemblement National and the Nouveau Front Populaire. Despite Macron's victory in the 2022 presidential election, his party did not win a majority in that year's parliamentary elections.


Binance CEO Richard Teng (right) | X/_RichardTeng

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Changpeng Zhao (CZ), the co-founder and former CEO of Binance, said ahead of the 2022 election that Macron and other members of the French government have supported "pro-crypto" policies, Yahoo Finance reported. During a speech at the historic Paris stock exchange building, CZ said, "France has some very pro-business, pro-crypto regulations and also just (the) government's attitude towards this industry ... has been phenomenal."

Aurore Galves-Orjol, a business professor in Lyon and co-founder of Bitcoin-Lyon, announced her candidacy in the upcoming election for the 8th constituency of Isère earlier this month, Coin Tribune reported. Galves-Orjol is not aligned with a political party but says she is positioning herself as a pro-crypto candidate who believes Bitcoin is key to monetary and individual sovereignty.

Before joining Binance in August 2021, Teng served as CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), chief regulatory officer of the Singapore Exchange (SGX), and director of corporate finance at the Monetary Authority of Singapore, according to Binance’s website. Teng became CEO of Binance in November.

More News

BaFin issues warning on Timebtc Group for unauthorized financial and crypto services

The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Timebtc Group, which is offering financial, investment, and cryptocurrency services without the necessary authorization.

Apr 21, 2025

CNMV announces warnings on unregistered financial and crypto entities

The Comisión Nacional del Mercado de Valores (CNMV) announced it had issued warnings about unregistered financial and crypto entities operating without proper authorization.

Apr 21, 2025

AMF follows EBA guidelines on restrictive measures for crypto-asset providers

The Autorité des Marchés Financiers (AMF) has announced its adherence to the European Banking Authority's (EBA) guidelines on restrictive measures for crypto-asset service providers, aimed at combating money laundering and terrorism financing.

Apr 21, 2025

HM Treasury releases 2023–24 AML supervision report highlighting crypto oversight

HM Treasury announced the 2023–24 Supervision Report on anti-money laundering (AML) and counter-terrorist financing (CTF), highlighting the Financial Conduct Authority's (FCA) oversight of UK crypto firms since 2020.

Apr 21, 2025

MEP Berger: 'The Trump government should orient itself towards Europe and the MiCA'

Member of the European Parliament (MEP) Stefan Berger has urged the Trump administration to align its policies with Europe's Markets in Crypto-Assets (MiCA) standards.

Apr 21, 2025

EUCI co-founder: 'The US administration's next step will influence the current crypto assets regulation in the EU'

Marina Markezic, director and co-founder of the European Crypto Initiative (EUCI), has described the call by the European Stability Mechanism (ESM) Managing Director to revise the Markets in Crypto-Assets (MiCA) regulation as "premature."

Apr 21, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

Crypto Price Shifts for April 6, 2025