According to Richard Tang, who replaced Changpeng Zhao as CEO of Binance, significant changes should be expected in the cryptocurrency market over the course of the year.
In particular, the businessman suggested that the current regulatory framework will be improved and regulatory clarity will increase. According to the CEO of Binance, various innovations and applications of blockchain and cryptocurrencies will be introduced in the market, thanks to which the blockchain sector will become popular in many industries.
In addition, there will be a massive introduction of cryptocurrencies into retail trade, and on a global scale, and users will be able to gain valuable experience from using them, emphasized the head of the Binance exchange.
According to Richard Tang's forecasts, the next year will be extremely important for the entire crypto industry and will allow it to become much more significant for institutional funds and investors.
This forecast was favorably received in the crypto community, as adoption has long been considered the most significant factor in the growth of the price of Bitcoin and a number of tokens.
