Binance CEO Richard Teng Highlights US Policy's Role in Crypto and AI Innovation Leadership

Richard Teng, CEO of the world's largest cryptocurrency exchange Binance, has expressed his belief that the United States is at the forefront of innovation in both the cryptocurrency and artificial intelligence (AI) sectors. The statement, shared via a tweet by Ian Miles Cheong on July 18, 2025, underscores Teng's perspective on the strategic direction of these critical technologies.

Teng's view is rooted in recent developments within the US, particularly the appointment of dedicated leadership for these fields. He previously noted the presence of a "pro-crypto, pro-AI president" and the strategic decision to appoint an "AI and crypto Czar," which he considers a wise move to foster the development of these transformative technologies. According to Teng, AI and blockchain are fundamental technologies poised to impact every sector of the global economy.

Binance itself is actively integrating AI across its operations, aligning with Teng's emphasis on its essential role for organizational efficiency. The company leverages AI to enhance product innovation, customer service, operational workflows, and regulatory compliance, reflecting a broader industry trend where AI is becoming indispensable for security and user experience. Teng has stated that "AI is no longer optional—it’s essential" for the industry's progression.

The evolving regulatory environment in the US also plays a significant role in fostering this innovative landscape. Teng has consistently advocated for clear regulations as a catalyst for mass adoption and institutional engagement in the crypto space. He views the shift towards more favorable policies in the US as beneficial for the entire industry, despite Binance's past regulatory challenges and its current focus on robust compliance.

Binance continues to expand its global footprint, now serving over 275 million users worldwide as of early June 2025, and is committed to supporting global crypto adoption. Teng's comments highlight the increasing convergence of AI and blockchain, positioning the US as a key driver for future advancements and broader utility in both domains.