demand for crypto increasing with Trump

The CEO of Binance, Richard Teng, claims that Donald Trump’s policies could be very positive for the crypto sector. 

Today, in fact, he released some comments regarding Trump’s inauguration that clearly indicate optimism. 

The comment of the CEO of the crypto exchange Binance on Trump’s inauguration

According to Teng, the impact of Trump’s inauguration on the crypto market will be substantially positive.  

The CEO of the largest crypto exchange in the world first of all argues that the favorable approach towards cryptocurrencies adopted by the new U.S. administration could act as a catalyst for greater regulatory clarity, and that this in turn could encourage broader participation and an ever-increasing demand for digital assets from traditional financial institutions. 

But the scope of this change could also extend beyond the USA, because such a regulatory momentum from the world’s largest crypto market could pave the way for a possible adjustment by other countries as well. 

All this could favor the creation of a more cohesive regulatory framework for the crypto sector even at a global level. 

According to Teng, what will happen in the United States will represent a turning point for the entire global crypto industry. 

He added: 

“If the sector’s expectations are met, we anticipate significant changes, with a possible shift in the center of gravity of the digital asset industry”.

The change of direction

Teng oltretutto sostiene anche che, nonostante sia necessario del tempo perché tutto ciò accada, in realtà già in questo 2025 ci sarebbero le condizioni che indicano che tali sviluppi potrebbero avvenire ad un ritmo accelerato, già nel corso di questo stesso anno. 

He said: 

“The macroeconomic impact of U.S. policies is undeniable. A shift towards a strongly crypto-friendly approach will almost certainly have a domino effect, influencing crypto policies and strategies globally, as governments seek to adapt.”

The first point could be the establishment of a strategic reserve of Bitcoin in the United States, which according to Teng would represent a new level of trust from institutional investors and commitment towards digital assets.

Furthermore, even outside the United States, many governments and central banks are discussing the role of Bitcoin and other cryptocurrencies in their national reserves, and this highlights the growing institutional interest in these financial instruments.

Binance: demand for crypto increases after Trump’s inauguration

Binance is the largest crypto exchange in the world.

Until last year, it was led by its co-founder Changpeng “CZ” Zhao, but after various vicissitudes with the US Department of Justice, CZ had to resign and leave the reins of the company to Teng. 

Binance has millions of users worldwide, and its entire crypto ecosystem includes the Academy, Research, Charity, DeFi, and infrastructural solutions. 

Despite the legal issues experienced last year, it has maintained its leadership role at a global level in the crypto sector, and therefore it proves to be a top player in this sector capable of making a difference. 

It is not a coincidence that Teng himself emphasizes the regulatory momentum, because legal issues are currently one of the major brakes on the expansion of this market. 

Binance has practically had to exit the US market after the legal vicissitudes of recent years, but with the advent of the Trump administration, it is not at all impossible to imagine that it could return to being a protagonist even in the world’s largest national financial market. 

The riforme di Trump

A first step in this direction, in fact, Trump has already taken, appointing Mark Uyeda as interim president of the SEC following the resignation of Gary Gensler and the awaited appointment of Paul Atkins.

To tell the truth, however, yesterday, during his inauguration day at the White House, he said absolutely nothing regarding cryptocurrencies, despite having even launched his own official memecoin on Friday evening.

Behind yesterday’s drop in crypto prices, there might also be some disappointment due to the fact that the new president did not mention the crypto and blockchain sector in any way on the day of his inauguration. 

Now what many are expecting is precisely the establishment of a strategic reserve in Bitcoin, as promised during the election campaign. If this does not happen soon, the crypto markets could react poorly, also because it seems they have already widely priced in this initiative while waiting for it to become a reality. 

The subsequent reforms should actually concern the Congress more than the Trump administration, because it is in Congress that the regulatory game is being played. 

It should not be forgotten that the USA does not yet have specific regulations dedicated to cryptocurrencies, while in the EU, for example, the new MiCA regulation already came into effect last year. 

The crypto sector expects a lot from Trump, and for now there is no reason to believe that things will go very differently.