Making Markets
Episode 35 Binance’s Next Chapter
Making Markets

Episode 35: Binance’s Next Chapter

Making Markets

Episode 35

Binance’s Next Chapter

Richard Teng is the CEO of Binance. We cover the painful lessons of 2023, the Bitcoin ETF, and the global regulatory outlook for Crypto.

(00:00:00) Welcome to Making Markets

(00:01:47) The Growth of Binance

(00:03:21) Crypto Adoption and Regulation

(00:03:50) Binance's Business Model

(00:06:52) Compliance and Regulatory Challenges

(00:19:11) The Role of Media in Crypto

(00:26:13) Global Crypto Adoption Trends

(00:29:28) Surprising Moves in Crypto Adoption

(00:29:50) Superpowers and Crypto Policies

(00:31:01) Emerging Markets and Crypto Challenges

(00:31:30) Nigeria's Crypto Struggles

(00:34:59) Global Crypto Regulation and Cooperation

(00:36:07) US Crypto Market and ETF Impact

(00:37:32) Crypto Trading Dynamics and User Insights

(00:48:00) Crypto Regulation Across the Globe

(00:54:30) Future of Crypto and Binance's Vision

 

Binance’s Next Chapter

Introduction

Eric
My guest today is Richard Teng, the CEO of Binance. As a former regulator in Abu Dhabi, Richard was instrumental in making the city and the region one of the world's friendliest places for crypto. Today, he leads the world's largest crypto exchange in the post-CZ era. We talk about the painful lessons of this past year, working with regulators and putting the customer first.

We also cover the Nigeria incident, the impact of the Bitcoin ETF and why he's bullish about the global regulatory outlook for Crypto. Please enjoy this conversation with Richard Teng.

Eric
Richard, thank you for joining me today. I thought an interesting place with Binance is it makes a lot of headlines, but I'm not sure that the American capital markets always understands the Binance story from tech start-up to absolute behemoth.

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