Binance Settlement With U.S. Department of Justice Could Put an End to (BNB) Death-Spiral Fears

Rajeev Bamra, head of DeFi and digital-assets strategy at Moodyโ€™s Investors Service, praised Tengโ€™s extensive regulatory background and experience, in an emailed statement from the credit-rating firm. Teng’s stepping in as the new leader of the exchange could provide an opportunity to move beyond regulatory concerns and โ€œchart a path towards stability and a fresh beginning,โ€ according to Bamra.

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