Binance CEO Richard Teng emphasized the growing institutional adoption of cryptocurrency, noting that major financial entities like Fidelity, BlackRock, Charles Schwab, and JPMorgan Chase have transitioned from skepticism to offering crypto products. In a recent QA session with MasterCard's Vice President Ben Fox Rubin, Teng highlighted the role of cryptocurrency in addressing financial inclusion and its performance as a wealth storage option amid global hyperinflation. He pointed out that Bitcoin has outperformed all asset classes in recent years, underscoring the shift in institutional attitudes towards digital assets.
Binance CEO Highlights Institutional Shift Towards Cryptocurrency
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