Richard Teng stated, "The first hundred million took us five years to onboard. The next hundred million took us two years and the pace of adoption is going to be much faster," reflecting the rapid growth and increasing interest in cryptocurrency investments.
In the wake of recent legal troubles, Teng has aimed to restore confidence, stating, "I have sought to shake off Binance's lawless reputation, adopting a measured tone and leaning into compliance efforts to ensure we meet regulatory requirements."
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