[Binance CEO: Clear Regulation and Institutional Participation Needed for Crypto Mainstream Adoption] On November 4, Binance CEO Richard Teng stated at Hong Kong Fintech Week 2025 that the mainstream adoption of cryptocurrency requires clear regulation and institutional participation. Regulatory attitudes toward the crypto sector have gradually shifted, and institutional entry will significantly enhance market depth and resilience through various investment horizons, strategies, and scales. Addressing concerns about whether institutional involvement might impact the decentralized nature of cryptocurrency, Richard Teng believes that the participation of centralized players can invigorate the market while leveraging the combined value of decentralized technology and centralized user experiences.