CandleFocus Binance Reveals Strategy to Introduce Crypto to the Next Billion Users
2024-11-04
Author: Content Editor
Binance CEO Richard Teng has unveiled the exchange's strategy for regaining its growth trajectory. Teng emphasized the goal of attracting new users to the crypto industry, downplaying the recent decline in Binance's market share. The exchange plans to prioritize compliance and invest heavily in this area, aiming to differentiate itself from smaller platforms. Teng expects the costs of compliance to increase as adoption of cryptocurrencies rises. He also predicts that favorable macroeconomic conditions and clear regulations will drive the industry forward. Binance aims to onboard the next billion users into crypto.
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