The U.S. is poised to redefine global crypto regulation with a groundbreaking framework enabling decided token requirements, innovation pathways, and compliance models tailored to blockchain’s true-world dynamics.
Binance Boss Sees US Surroundings Global Odd With Innovation-Pleasant Regulation
Binance chief government Richard Teng outlined his reinforce for U.S. efforts to modernize digital asset oversight on social media platform X closing week. He argued that the nation is shifting from adapting a protracted time-ancient securities suggestions to a framework that better reflects the realities of blockchain markets.
“The U.S. is sooner or later enthralling previous making an try to retrofit 80-three hundred and sixty five days-ancient securities guidelines to blockchain technology. The mixed force of Mission Crypto, the GENIUS Act, and the market construction funds being debated in Congress, introduces a modular, layered means to digital-asset oversight,” the Binance government wrote, adding:
That implies decided token classification requirements, sandboxed pathways for compliant innovation, and licensing structures that replicate how crypto markets essentially operate.
Teng described Mission Crypto’s gain harbor suggestions as a predominant step forward: “Mission Crypto’s proposed gain harbor suggestions can point to a sport changer. It permits token projects to make with regulatory respiration room (topic to disclosures and compliance benchmarks, finally) in want to fearing rapid enforcement. This shift will materially decrease the absolute highest possibility that has stifled U.S. developers and driven means offshore.” He also careworn that clearer custodial, staking, and segregation suggestions would possibly perhaps eradicate a key institutional barrier, while the proposed “huge-app” licensing mannequin would possibly perhaps streamline compliance and reinforce user protection.
The Binance boss emphasised the possibility of global affect, pointing out:
If achieved, Mission Crypto would possibly perhaps location a world benchmark. Jurisdictions world broad have looked to the U.S. for leadership, what they now scrutinize is a prime dedication to constructing to blame, innovation-friendly regulation.
“It’s a step forward for the total ecosystem. At Binance, we’ve long advocated for decided suggestions on custody, disclosures, and AML. Mission Crypto validates many of these priorities. We commend Chairman Atkins and the SEC workers for enticing with industrial and recognizing the need for new regulatory tools,” he famed. On Aug. 11, Teng shared on X: “We work with regulators, developers, industrial partners to develop crypto, responsibly and sustainably. Grateful for our crew & neighborhood driving this mission!”
