đMy name is Richard Tang, and if you allow me, Iâll tell you how I ended up at the center of one of the most dynamic and exciting industries of our time: cryptocurrency.
đSo, itâs 2017. I was the head of ABW Global Market, and frankly, my world revolved around traditional finance. But at one of the conferences in sunny Florida, where they usually discuss the usual topics - from futures to stock markets - there was a new energy in the air. This new drive came from young, ambitious people, talking about cryptocurrencies with sparkling eyes. I noticed that I was not the only one captivated by this atmosphere. More and more voices talking about the future of finance were coming from this sphere, and I could not remain indifferent.
đThen I realized: this wasnât just a new fashion or a temporary hobby. It was a harbinger of significant changes that could change everything we know about finance. But, like any new market, cryptocurrencies needed regulations â clear, understandable, and reliable. Otherwise, they could remain a pastime for those who came first, but never reach the mass level. This realization became a starting point for me.
âčïžIn 2018, I took on what I thought was a game-changer. We had developed one of the most comprehensive cryptocurrency regulatory systems in the world. There was something exciting about it: we were on the cusp of a new era, and I wanted to be a part of that momentum.
đȘI have always believed that for cryptocurrencies to become truly mainstream, two things are needed.
1ïžâŁ Firstly, clear and transparent rules of the game. After all, no one wants to set out on a journey without knowing what awaits them ahead.
2ïžâŁ Secondly, attracting institutional investors. Without their support, cryptocurrencies could remain a niche product for enthusiasts.
đBut you know how it is: itâs one thing to watch from the outside, and quite another to try it yourself. I opened accounts on two crypto exchanges and started trading. It wasnât just an experiment; I was diving into a new world, exploring it from the inside. And it was exciting! Blockchain technology turned out to be a real discovery. This is exactly the case when you understand that you are holding something in your hands that will change the world. đ„Transparency, security, speed â all these were not just words, but real advantages that could radically transform many industries, from finance to logistics.
â And of course, we canât help but mention Bitcoin. It became a symbol of a new era for me. In a world where millions of people donât have access to basic banking services, Bitcoin opened the door to financial freedom. Imagine: you can send money abroad instantly, without crazy fees and long waits. For me, this was something incredible.
âčïžIn 2021, after finishing my career as a regulator, I joined Binance. đWhy? Because I saw that this company could become a driving force in the crypto industry. In 2017, many still doubted the legitimacy of cryptocurrencies, but by 2021, the situation had changed: regulators and institutional investors began to recognize them as a full-fledged asset class.
đ„2024 was a real turning point. We saw the emergence of clear regulations, especially in Europe and the US, which opened the door for institutional investors. Now, the world's largest financial institutions, such as BlackRock, JP Morgan, and Citi Bank, are already considering cryptocurrencies as a full-fledged investment. Imagine how far we have come from the days when Bitcoin was considered something shady and unknown!
đ„Binance, by the way, has also come a long way. In seven years, we have gained over 214 million users worldwide. And this is not the limit! We attracted the first 100 million users in five years, and the next 100 million in just two. This rapid growth shows that people believe in cryptocurrencies and see them as the future.
đOf course, volatility is part of the game. But I am convinced that as the market grows and its capitalization increases, we will see stabilization and a decrease in fluctuations. Especially when institutional players enter the market, bringing with them more mature and effective risk management methods.
đȘSecurity and compliance are two other important areas that we pay special attention to at Binance. We invest significant resources in protecting our users and complying with regulatory requirements. And yes, we not only protect our systems, but also help other market participants. In a world where security is a key aspect of trust, we strive to be a reliable partner for everyone.
đ€But what really inspires me is our community. Binance users are not just customers. They are people who believe in us and in cryptocurrencies. And we strive to justify their trust by offering the best solutions and products.
đI am sure that we are only at the beginning of this journey. In the coming years, we will see a significant expansion in the number of cryptocurrency users, the emergence of new and innovative blockchain-based solutions. Cryptocurrencies have already changed the lives of many people, and this is just the beginning.
