Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’

CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold.

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Binance CEO Richard Teng recently told Cointelegraph that the cryptocurrency industry has transitioned from the era of “early adopters” and has now entered the epoch of the “early majority.” 

Teng’s assertion came in response to a request for commentary from Cointelegraph concerning the company’s June 8 announcement that it had reached 200 million registered users worldwide — the most of any cryptocurrency exchange by far.

“We are deeply honored and humbled to have welcomed 200 million registered users and counting,” wrote Teng, in commentary provided via email, adding “this achievement is an embodiment of the trust that the crypto community and industry players continue to have in the Binance ecosystem.”

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