Quantcast
JPMorgan Warns of Further Bitcoin Decline Despite Recent Correction
Greens’ push to end German cryptocurrency tax exemption sparks debate
French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator
N26 Launches New Cryptocurrency Trading Product, N26 Crypto
Rise in crypto fund launches predicted as digital gains “acceptance”
EU threatens US hegemony of stablecoins and $140 billion market
Giggle Academy: Changpeng Zhao (CZ) presents his new entrepreneurial project
Crypto: France becomes one of the leaders in adoption!
Mintos Expands Its Reach And Officially Debuts In France And The Netherlands
Millionero wins Best Start Up Exchange Award at Crypto Expo Europe 2024, Romania
Galaxy Digital to launch new ETPs in Europe
Binance Launches Internal Investigation Following Reports of BOME Insider Trading
The bull run is just beginning according to Binance CEO
Binance offers $5M reward for insider trading tip-offs
Tether's USDT Gets Delisted on Crypto Exchange OKX for EU Users
Crypto.com's CEO believes bitcoin price in December 2020 phase of cycle
AI is worsening a €16bn tsunami of fake goods. The EU wants blockchain to help
EU publishes draft rules for stablecoin issuer complaint procedures
Steven Cohen's Point72 Ventures backs European crypto exchange D2X in $10m funding
France's Request Finance acquires crypto accounting fintech Consola Finance - FinTech Futures: Fintech news
OpenAI swoops up French and Spanish news partners for AI chatbot training
Javier García de la Torre: "2024 will be a year of cautious optimism in the crypto sector"
ECB Executive pens November 2025 rollout for digital Euro CBDC
Cryptocurrencies: The Eu Will Crack Down More Severely On Sanctions Violations
EU Parliament Passes Sanctions Law Including Crypto, Aiming To Seal Loopholes Across 27 States
Global crypto investment products saw $2.7 billion record inflows last week
Can the digital euro actually find traction in Europe?
Binance exit sparks fears and opportunities in Nigeria’s crypto community
Portugal elections: Is the country’s crypto-friendly status at stake?
European countries roll out crypto laws in race toward MiCA

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

Richard Teng, CEO of Binance, said that cryptocurrency is in the "early stage of adoption" globally, although major institutions are beginning to embrace blockchain and crypto agendas.

Nov 12, 2024

De Nederlandsche Bank (DNB) has announced a €2,250,000 fine for Bybit Fintech Limited.

Nov 12, 2024

The Polish Financial Supervision Authority (KNF) has added four entities to its public warning list, including Foris DAX MT Limited, operating as Crypto.com.

Nov 12, 2024

France Digitale has announced a collaboration with over twenty European startup associations in response to recent reports on the European Union's competitiveness.

Nov 12, 2024

The Digital Chamber (TDC) has said that the European Union's Markets in Crypto-Assets (MiCA) framework has established the EU as a leader in the global stablecoin landscape, offering regulatory certainty for stablecoin issuers.

Nov 12, 2024

John Patrick Mullin, CEO of MANTRA, addressed the complexities of token distribution during his talk at Binance Blockchain Week.

Nov 10, 2024