TechFlow News — Binance founder Changpeng Zhao (CZ) recently told The Wall Street Journal that Binance is setting up offices and a corporate headquarters. Previously, he considered such moves outdated, but regulators now demand them. "If you look at the number of people worldwide using cryptocurrency, it's probably less than 2% of the global population. To attract the remaining 98%, we need to embrace regulation." Internally, Binance will also foster competition among teams, allowing the best growth strategies to prevail.
Zhao hopes Binance will grow at a more moderate pace. "We want other exchanges to grow somewhat stronger so they can share some of the user pressure with us."
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