Binance's Teng Highlights India's Crypto Potential

Binance's co-CEO Richard Teng said India is a big player in crypto because it has many young people who are good with technology.

He thinks that even though there are some rules that make crypto trading unclear, more people will understand and accept it over time.

Binance wants to reach one billion users, and India is very important for that.

He also talked about how big companies are using crypto more because it's cheaper and faster to move money around the world.

Teng praised the US for making clear rules for crypto and AI, and he thinks other countries should do the same to stay competitive.

Europe is also working on rules for crypto companies.