PANews reported on October 30 that Binance CEO Richard Teng said in his opening speech at Binance Blockchain Week 2024 that the crypto industry has had a good momentum this year. Starting with the passage of the Bitcoin spot ETF in the United States, the industry has received great recognition. Now, all Fortune 200 institutions have their own blockchain plans. This momentum will bring the industry to a higher level in the future. Our entire industry has gone through a lot of tests, but it is still in its early stages because the ownership rate of cryptocurrencies is not high globally. I hope everyone can work together to promote innovation and believe that blockchain technology is a force for good.