However, even Changpeng Zhao is still surprised by the astronomical speed in which his exchange has grown.
China, Canada, the US, Hong Kong, Japan – I’ve lived in all of those places and that experience helps a lot.
A lot of people, when I started Binance, said, “Look, there are thousands of exchanges in the world already.
As for us, we try very hard to not be number one all the time, because being number one creates other problems sometimes, especially with regulators.
We try very hard to not be number one all the time, but other people are trying very hard to boost their volumes to be number one.
A lot of cryptocurrencies tend to thrive when they get listed on one of the major cryptocurrency exchanges. For altcoins and ERC20 tokens, getting a listing on Binance can make a lot of difference. Not all currencies will succeed in this regard, unfortunately.
However, even Changpeng Zhao is still surprised by the astronomical speed in which his exchange has grown. China, Canada, the US, Hong Kong, Japan – I’ve lived in all of those places and that experience helps a lot.
Major corporate developments, shifting market sentiment in Asia, and fresh moves in the AI landscape are happening on Tuesday. Disney races to secure a stable succession plan for CEO Bob Iger, Apple announces a significant leadership change in its artificial intelligence division, OpenAI initiates an internal “code red,” and Asian markets react cautiously to global […]
IRC App teams up with Soneium and TGC to transform idol culture, digital fandom, and event engagement with blockchain, rewards, and immersive participation.
Cryptocurrency exchanges in Japan would be required to set aside dedicated reserves to cover potential liabilities under a new mandate that Japan’s Financial Services Agency (FSA) plans to introduce next year to protect investors. With a number of high-profile security…
Japan is quietly preparing the most pro-crypto shift of any G7 nation. According to multiple reports from local media, the Financial Services Agency (FSA) is drafting a sweeping reclassification of digital assets that would bring Bitcoin, Ethereum, and around 100 other tokens under the same umbrella as stocks and investment funds.
Japan Exchange Group is considering stricter oversight measures for publicly listed companies that accumulate large cryptocurrency holdings, according to a Bloomberg report citing sources familiar with the matter.
Chainlink and SBI Digital Markets are moving closer together in their work on tokenized finance. The two companies have signed a new partnership aimed at linking traditional financial systems with blockchain-based asset markets.
Bybit is sacrificing short-term user acquisition in Japan, opting instead to redirect resources toward a comprehensive internal review aimed at eventually satisfying the FSA’s rigorous and evolving regulatory expectations.