Binance CEO: Trump's pro-crypto stance is a milestone

According to ChainCatcher, Binance CEO Richard Teng said that the Trump administration’s decision to create a strategic Bitcoin reserve was a “good first step” that could prompt other governments to consider “making cryptocurrency allocations.”

“The question is not whether to allocate, but whether to allocate 2% or 5%, right? So we are having a lot of these important conversations now. The long-term driving force is very strong,” commented Richard Teng.