Binance CEO Richard Teng asserts that the cryptocurrency industry has moved beyond the era of "early adopters" and entered the phase of the "early majority."

This statement follows Binance's announcement of reaching 200 million registered users, indicating significant growth and maturity in the crypto sector.

Teng attributes Binance's rapid expansion to the increasing acceptance of crypto globally and highlights the company's mission to onboard one billion users, emphasising initiatives for financial inclusion and innovation.

However, achieving this ambitious goal will require overcoming regulatory hurdles and gaining political support, particularly in the U.S., where regulatory uncertainty persists.