Founder of a major exchange: Will not return to the CEO position, optimistic about the development of cryptocurrency as a "slow process"

A founder of a leading exchange stated at a press conference this Thursday that he would not be returning to the CEO position. The founder resigned as CEO in 2023 and subsequently received a pardon in 2025.

At the leading exchange’s Blockchain Week event, the founder said he does not intend to resume the CEO role and is currently focused on expanding the BNB Chain ecosystem. He said, “When I resigned, I cried, but I got over it and realized there are many things I can do. The company is operating well, and I don’t need to go back to the CEO position. I’m more involved in BNB ecosystem projects, helping other developers and assisting governments in formulating regulatory policies. For me, not being involved in the day-to-day operations of the leading exchange is good, and it also helps the growth of the BNB ecosystem.”

Regarding plans for the US market, the founder said he has “no connection with the Trump family,” but is “very grateful for the pardon.” He emphasized that this measure “allows me to do business more freely anywhere in the world, including the US.”

He stated his hope to help “turn the US into a global crypto hub,” echoing Trump’s campaign promises. He noted, “During the Biden administration, we stayed away from the US as much as possible. The US is a very important market, but blockchain leaders are not in the US today. I want to help bring many of these businesses back to the US.”

Regarding the future of cryptocurrency, the founder believes there are still many areas in the market that need to grow. “Payments are an obvious area. Many people have tried to do something in this space, but we haven’t succeeded yet. Now we have stablecoins, and I think the technical solutions already exist, but for various reasons, it still hasn’t taken off.”

He expects products like crypto credit cards to regain popularity in the coming years and advocates for integration between the crypto world and traditional payment systems. He stressed, “It’s important to have products that people actually use. The focus needs to be on users and ethics. Projects with these qualities will be the ones that survive.”

On market cycles, he stated, “Crypto is very volatile. Eventually, we’ll enter a bear market and then a bull market. Those who stick it out will win.”

He also pointed out that crypto adoption is a “slow process,” depending on many factors, especially regulation and the willingness of traditional markets to accept the industry. “It’s not difficult, there’s nothing magical about it, the process will continue.”

Regarding market size, he said, “Crypto is still a small industry worth $3 trillion, and it should be worth $300 to $400 billion. The scale needs to grow, and there need to be payments and other financial products. We are in the early stages, but this will happen; it’s the process of any new technology. It takes decades for a technology to grow and achieve widespread adoption. Because crypto is so disruptive, it takes some time, but we’ll get there.”

He also noted that the biggest signal of widespread crypto adoption will appear “when we don’t even talk about blockchain and crypto anymore.” He thinks brand names should become verbs, and the technology should be hidden. “All the talk about fees and networks is meaningless. We need to abstract all that away, but the industry hasn’t reached that stage yet. We need to develop better, more user-friendly products. Eventually, network effects will emerge and a single platform will dominate.”