Teng sees this as a collective endeavor involving developers, builders, and the broader crypto community. While Binance has already achieved a staggering user base of 250 million and manages over $151 billion in assets, the leap to one billion users would represent over 12.5% of the global population—a challenging but transformative target.
Currently, the crypto market’s user base stands at around 580 million people, with growth rates slowing as the industry matures after nearly 15 years. However, Teng remains optimistic, pointing to trends in digitalization and supportive political shifts a
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Reports indicate that Trump’s transition team is evaluating candidates for prominent financial regulatory positions, including the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and Federal Deposit Insurance Corporation (FDIC). Among the names considered are Daniel Gallagher, former SEC official now at Robinhood, and current SEC commissioners Hester Peirce and Mark Uyeda, both noted for their pro-crypto stances. Former SEC commissioner Paul Atkins is also in the mix. These appointments could shape how digital assets are regulated and how the crypto mark