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Binance CEO: Trump’s pro-crypto stance could push other nations to follow

  • Binance's CEO believes that US President Donald Trump's pro-crypto stance could inspire regulators in other countries to do the same.
  • Richard Teng, speaking at CONVERGE LIVE in Singapore, mentioned the shift from regulatory uncertainty to the largest economy embracing cryptocurrencies.
  • Trump's recent executive order signing established a Strategic Bitcoin Reserve, which Teng described as a 'landmark' moment.
  • EU ministers expressed concerns over the Bitcoin reserve, emphasizing the importance of the creation of a digital euro to stay ahead.

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