Quantcast

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

Binance authorized by Uzbek regulator to provide services
Trump inauguration live: Latest crypto market updates, analysis, reactions
Shaping skylines: Developers eye crypto buildings in Dubai, Tokyo
Cryptocurrencies and finance: BlackRock and Hamilton Lane dive into DeFi with Plume
EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Judge Bibas on SEC enforcement: SEC repeatedly sues crypto companies, ‘yet it will not tell them how to comply’
Bitcoin in the USA: Senator Lummis is already putting pressure on the former administration
Trump plans to make crypto a national priority
AMF and ACPR announce updated list of unauthorized investment websites
BaFin announces warning on unauthorized services by SNB Capital Limited
Polymarket Threatened With Ban By Thailand Cyber ​​Police
Bitget User on 25% asset loss and account freezing: The 'admin just remove my comment'
Malaysia mulls crypto policy after talks with UAE and Binance founder CZ
Electric Capital co-founder calls regulatory actions 'Chokepoint 2.0'
Bitcoin: Pro-Crypto Cynthia Lummis Heads New Senate Subcommittee
Trump's Future Treasury Secretary Holds $500,000 in Bitcoin ETFs
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
Bybit halts India service following string of suspensions in other markets
Hong Kong launches 'supervision incubator' to help banks adopt blockchains
MEP Berger: 'The FDP needs Bitcoin'
Sen. Lummis on Ex-Vice Chair of Federal Reserve: He was 'enabling Chokepoint 2.0'
3 Russians Face U.S. Money Laundering Charges Over Mixing Services: DOJ
US Senate: Pro-Bitcoin leader heads crypto subcommittee
Gemini Agrees to Pay $5M Settlement in CFTC Case
Bhutan economic hub to set up strategic crypto reserve
CFTC: Rostin Behnam announces his resignation
Bountycaster Co-Founder on loan rejection: I 'Experienced Operation Chokepoint 2.0 firsthand'
Strategic Bitcoin Reserve: Czech Central Bank does not rule out this possibility
Binance marks 21st global regulatory milestone with authorization in Brazil
Crypto and Stock Market: what not to miss for the week of January 6 to 12
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

From Bitcoin to Solana: Here’s how major cryptocurrencies moved today – March 29, 2025.

Mar 30, 2025

The Financial Conduct Authority (FCA) announced the refusal of Zeux Limited's application for cryptoasset exchange provider registration under the Money Laundering Regulations (MLRs).

Mar 30, 2025

The National Securities Market Commission (CNMV) has released a list of warnings concerning unregistered financial and cryptocurrency service entities.

Mar 30, 2025

The Commissione Nazionale per le Società e la Borsa (Consob) announced it held a conference discussing the impact of crypto assets and the need to adapt regulatory frameworks to data science.

Mar 30, 2025

The Autorité des Marchés Financiers (AMF) has announced that financial entities, including crypto-asset service providers, are invited to contribute to the European Banking Authority's (EBA) consultation on draft anti-money laundering and...

Mar 30, 2025

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 28, 2025.

Mar 29, 2025