Binance CEO: From ‘Scam’ to ‘Next Big Thing’—How Institutions Flipped on Crypto

Binance CEO Richard Teng has drawn attention to the stunning transformation in how crypto is perceived. In a recent post on X, Teng contrasted the 2017 skepticism with today’s wave of institutional adoption. “Skeptics in 2017 said crypto was a scam,” Teng wrote, while “Institutions in 2025 [are saying]: ‘Crypto is the next big thing.’ […] The post Binance CEO: From ‘Scam’ to ‘Next Big Thing’—How Institutions Flipped on Crypto appeared first on Coin Edition.