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Rajeev Bamra, head of DeFi and digital-assets technique at Moody’s Buyers Service, praised Teng’s in depth regulatory background and expertise, in an emailed assertion from the credit-rating agency. Teng’s stepping in as the brand new chief of the trade may present a chance to maneuver past regulatory considerations and “chart a path in the direction of stability and a recent starting,” in accordance with Bamra.
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