Binance CEO Richard Teng spoke at the 2025 Digital Asset Summit held in New York on the 18th (local time).
During a panel discussion at the 2020 Bitcoin Exchange Conference, Binance.US denied reports that it was in business negotiations with entities affiliated with President Donald Trump.
Teng's comments reaffirm the same stance taken by Binance founder Changpeng Zhao and President Trump in denying the reports last week.
On the 13th of last month, the Wall Street Journal (WSJ) reported that Binance.US had acquired World Liberty, the Trump family's decentralized finance (DeFi) project.
The report said the company had discussed ways to sell shares to Trump-linked institutions, including World Liberty Financial.
Regarding this, Ten said, "I heard that World Liberty Financial and CZ himself directly denied the report.
"There is nothing to add outside of that," he said. He also emphasized that Binance.US and Binance HQ are completely separate companies, legally and operationally, and said, "We are a US corporation (Binan
"The company (CE.US) and the headquarters are completely different organizations, with different shareholder structures, different boards of directors, and different CEOs," he said.
However, Teng spoke positively about President Trump's pro-cryptocurrency policies. He said, "Binance is a big player in the U.S.
"While we do not operate it directly, we have benefited from President Trump's pro-cryptocurrency policies."
2025/03/19 12:58 KST
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