Binance's new CEO: Opposes the call to shut down the crypto industry due to illegal activities

ChainCatcher news, Binance's new CEO Richard Teng posted on the X platform: "Everyone has seen bankers advocating for the closure of the crypto industry due to illegal activities. But let's look at the facts. I really appreciate Dr. Andrzei Gwizdalki's analysis, who gathered data from the United Nations, the World Economic Forum, and cryptanalysis. As Dr. Gwizdalki said, 'When dealing with illegal financial activities, perspective is crucial. Traditional fiat currencies, like the US dollar, are involved in about $3.2 trillion of illegal activities each year, which is more than 100 times the $20 billion associated with cryptocurrencies. Shouldn't we rethink this narrative?'"