TechFlow news, July 16 — In a recent interview, Binance CEO Richard Teng shared his vision for the future of cryptocurrency. Teng emphasized that cryptocurrencies can effectively address the issue of financial exclusion affecting 1.4 billion people worldwide, particularly through instant, low-cost cross-border remittance services. He pointed out that traditional remittance services often charge fees exceeding 10%, while cryptocurrency enables instant transfers at nearly zero cost.
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