He Yi: Compliance is a sign of industry progress, Binance will continue to promote European compliance work

CoinFeed reported on June 27 that Binance co-founder He Yi posted on X platform saying, "In the development of any emerging industry, there will be varying degrees of regulatory and competitive challenges, just like Airbnb and Uber (try asking AI which countries they were once banned in?), but this does not prevent them from becoming the greatest internet companies of the mobile internet era. Compliance has been a topic of great concern recently, and I believe this is progress for the industry, indicating that the industry has gradually transitioned from its rough early days to self-restraint and self-discipline. For regulatory authorities in the EU region, it may still take time to establish effective communication and trust with Binance, but we will not give up."