Binance CEO Talks Cryptocurrency Future: Promoting Financial Inclusion and Reducing Remittance Costs

On July 16, Binance CEO Richard Teng shared his vision for the future of cryptocurrency in a recent interview. Teng emphasized that cryptocurrency can effectively solve the problem of 1.4 billion people worldwide not having access to financial services, especially through instant, low-cost cross-border remittance services. He pointed out that traditional remittance services usually charge more than 10%, while cryptocurrency can achieve instant arrival and almost zero cost. [TechFlow]