News Explorer — Binance CEO: Fiat Ramps Critical to Onboard Next 100 Million Crypto Users

By Decrypt September 14, 2023 In Binance, Cryptocurrencies, Ethereum

markets.businessinsider.com

Binance CEO: Fiat Ramps Critical to Onboard Next 100 Million Crypto Users

Binance CEO Changpeng Zhao believes that the difficulty in converting fiat currencies to crypto is a major obstacle to attracting the next 100 million users. He said that traditional institutions that used to provide fiat ramp channels are pulling away, making it challenging to convert cash into crypto and vice versa.

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