Binance CEO Richard Ting believes that Crypto is the future of money and financial services.
In an interview on the Wolf Channel all streets on YouTube, Teng He says This encryption “needs two players” to enjoy adopting on a large scale.
First, you need more organizational clarity. Because for the first adopts, people embrace them without clarity. But for the sake of collective coming, they must understand that the organizers are looking into this field, and they feel adequate protection for collective dependence.
Second, you need institutions. Because without institutions, if the retail game is mainly, the price movement will be very volatile.
So with more institutions, with more purchase and purchase users, and investors who have a different time horizon, price movement will become less volatile and the maximum market will become much larger over time. “
According to Binance CEO, increased awareness of encryption will lead to more individuals and institutions that adopt this industry. Ting says the last Standard Chartern step supports his point of view.
Last month, a multinational lender Declare It has entered a joint project with other stablecoin versions linked to Hong Kong.
Explain Ting,
“For example, Stablecoins see being one of the first traditional financial institutions to say” I embrace it. “It is completely logical.
… immediate encryption. You can compensate for Stablecoins and send it immediately. It solves a lot of problems. It is very effective, effective to the extent that financial institutions will begin to adopt different parts of encryption. “
https://www.youtube.com/watch?
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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