Binance Settlements Could End Death-Spiral Fears – And Might Be Good News

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.

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