Binance CEO Richard Teng: Institutional adoption is accelerating, just at different paces — global crypto adoption rate still only 8% At the Binance Blockchain Week roundtable in Dubai, Binance CEO @_RichardTeng shared platform data: Over the past two years, with clearer regulations, the U.S. shifting from being 'anti-crypto' to 'strongly supportive,' ETF approvals, and traditional financial institutions entering the space, the number of institutional users on Binance has doubled for two consecutive years. He emphasized that the due diligence processes for institutions, enterprises, and family offices are far more complex than those for retail investors, so they won’t all enter the market at the same time, but 'they are all making progress, just at different paces.' Currently, the global cryptocurrency adoption rate is still only 8%. After discussions with multiple enterprises and family offices, he believes institutional adoption is a 'certainty, just a matter of time,' and reiterated: 'We are very bullish in the long term.'