TechFlow News, December 24 — According to Bitcoin.com, Norman Reed, interim CEO of Binance.US, shared his views on the challenges facing the platform and its outlook for 2025, highlighting the evolving role of digital assets within the broader financial landscape.
He stated, "We expect digital assets to become an integral part of the mainstream financial ecosystem in the U.S. and globally. In the long run, cryptocurrency is like an ascending staircase, with each cycle building upon the previous one."
Reed criticized the U.S. Securities and Exchange Commission's (SEC) approach, arguing that its actions stifle innovation and harm the crypto industry.
"Ultimately, I firmly believe the current administration's actions at the SEC not only deviate from the agency's founding principles but have also caused significant harm to American consumers and the cryptocurrency industry, including Binance.US," he said.
