Rajeev Bamra, head of DeFi and digital-assets strategy at Moody’s Investors Service, praised Teng’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 “chart a path towards stability and a fresh beginning,” according to Bamra.
Source: https://www.coindesk.com/business/2023/11/22/binance-deal-with-doj-was-only-option-to-continue-the-business/?utm_medium=referral&utm_source=rss&utm_campaign=headlines