Binance's CEO says signing up another 100 million crypto users will be a big challenge until they can buy crypto with cash

in #businesslast year

Binance CEO says difficulties in converting fiat currencies like the dollar to crypto are a big hurdle to bring in the next 100 million users.
"We're seeing a lot of traditional institutions that used to provide fiat ramp channels pull away," said Changpeng Zhao.
Zhao was speaking at the crypto event Token2049 in Singapore.

https://markets.businessinsider.com/news/currencies/binance-ceo-changpeng-zhao-challenge-crypto-users-money-2023-9

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