The US under President Donald Trump has moved on from a crypto regulatory regime marked by “a bit of oppression”, according to Richard Teng, chief executive officer of Binance Holdings Ltd.

Binance CEO Richard Teng said that the crypto ecosystem might have a fresh reset under the new Trump administration.

I think we have a fresh reset and a restart,” Teng said in an interview with Bloomberg News on the outskirts of the Consensus crypto conference in Hong Kong. Still, Binance is waiting for more clarity from the US before it decides on its plans there,

Binance CEO Richard Teng says that the election of pro-crypto US President Donald Trump is ushering in a prosperous era for digital assets around the globe.

Binance Holdings CEO Richard Teng tells Bloomberg's Annabelle Droulers about the company's engagement with the US government as President Donald Trump resets crypto policies. He also talks about the hunt for potential new headquarters,