Binance CEO Richard Teng predicted that 2025 will be a turning point for the cryptocurrency market. Speaking at the World Economic Forum held in Davos, Teng emphasized that due to changes in the expected regulatory policies during the Donald Trump administration in the US, there will be growth in the crypto-assets industry.
According to Teng, there is also a positive attitude towards cryptocurrencies among the participants of the Davos forum. The Binance CEO noted that positive changes will be related not only to the policies of the US president but also to the overall approach of the country's legislative bodies. In particular, Teng believes that the appointments of Pol Atkins and Brian Quintenz as heads of the SEC and CFTC will help create clearer regulatory foundations for digital assets.
Analysts from Bitwise supported the predictions of the Binance CEO. They estimated the potential "fair value" of Bitcoin at $219,000. According to experts, the new regulatory environment will create favorable conditions for development in areas such as token issuance, trading operations, and digital asset management.
