United Kingdom, March 24 -- Richard Teng thinks Donald Trump's government has been "fantastic" for the cryptocurrency industry.

The CEO of Binance, the cryptocurrency exchange, has welcomed the recent change in the White House, describing Trump as a "very pro-crypto, pro-AI president".

He told CNBC: "It's an extremely different environment that we're operating in."

Teng was appointed Binance's CEO in November 2023, and he's seen a shift since Trump's return to the White House.

The CEO said: "We've benefited from this shift."

Teng is convinced that Trump's influence will have a long-term benefit for the cryptocurrency industry.

The Binance boss explained: "We went from four years of Operation Choke Point 2.0 to now - you have a very ...