Callme Crypto 
The CEO of Binance predicted growth for the cryptocurrency market in 2025
Richard Teng, the CEO of Binance, shared his view in an interview with CNBC that the cryptocurrency market is poised to enter a phase of significant growth in 2025. He emphasized that this growth would be driven by improved regulatory conditions in the United States, brought about by Donald Trump’s election as president.
“If you look at past cycles, this year will be a year that we see a new all-time high for the crypto industry” Teng told CNBC at the World Economic Forum in Davos, Switzerland.
Richard Teng also noted that his positive outlook is not solely tied to Donald Trump’s victory in the presidential election but also to the changes in the composition of the U.S. Senate and Congress. He emphasized that these legislative bodies are now dominated by policymakers who support the cryptocurrency industry.
Teng expressed optimism that key positions in industry regulatory bodies, such as the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), would be filled by individuals who are favorable to the crypto sector.
On January 20, 2025, the current heads of these agencies—Gary Gensler and Rostin Behnam—resigned. Paul Atkins has already been announced as Gensler’s successor and will assume the role of SEC Chair upon Senate confirmation.
“More transparent regulation could also drive growth in other sectors—trading, over-the-counter markets, and asset management” Teng noted.
During the interview, the topic of creating a national Bitcoin reserve in the United States was also discussed. Donald Trump had previously confirmed his intentions in this regard, although the issue was not addressed in his inaugural speech.
Richard Teng emphasized that even without additional statements from the president, the mere establishment of a new role—the “AI and Crypto Czar”—could accelerate the development and adoption of innovative solutions in the country. He expressed the view that such a move would create favorable conditions for strengthening the United States’ leading position in the fields of digital assets and artificial intelligence.
“It was very smart [to support the AI and crypto asset industries]. But the U.S. won’t be the first to create such a reserve. I think Bhutan already has one” Teng noted.
The launch of meme coins created by the Trump family was also discussed in the interview. Richard Teng noted that it is just “a small part” of the entire cryptocurrency industry. He pointed out that while meme coins are often viewed as a highly speculative sector, they do not represent the entire digital asset market.
Furthermore, Teng emphasized that Binance continues to remain a global platform with a focus on the international market. He mentioned significant growth in the cryptocurrency exchange’s audience, but currently, the company does not consider expansion into the U.S. market despite changes in the country’s political landscape.
