He Yi: Binance will be collaborating with more companies in traditional finance and media sectors going forward.

Odaily Planet Daily reports that at Binance Blockchain Week, Binance co-founder and co-CEO He Yi engaged in a dialogue with Alice Liu, Head of Research at CoinMarketCap, on the theme of "One Unstoppable Community." He Yi stated that she has always remained on the front lines of the industry, not just regarding money, but also feeling fortunate to be a creator of history and to shoulder responsibility. She praised Richard for his excellent work over the past two years, serving as a valuable bridge and interpreter in dialogues with regulators and policymakers.

October was a month of facing disaster head-on. People need to realize that BTC prices won't keep soaring forever; there will always be a fall. Although the exact timing is unknown, as the trigger for the October crash, our performance wasn't perfect, but we still did our best to ensure transparency, letting the market know what happened and protecting investors as much as possible. Many people have unrealistic expectations of market makers, but they are simply companies with large capital enjoying better rates, and there are also misunderstandings about large investors.

We have 300 million users, but Crypto is still an innovative industry. Binance will be collaborating with more companies in traditional finance and media to bring more newcomers into Web3. Twelve years have passed, and I still maintain a "newcomer's mindset." I also have a better understanding of regulation. In fact, Binance and regulators share the same goal: to protect investors.