Why Catherine Coley Isn't Worried About BNB Being a Security - Ep.154

Catherine Coley, the CEO of Binance US, talks about her background as a foreign exchange trader, how and why she made the leap into crypto, and how she became the CEO of Binance US. We discuss how Binance US differs from Binance, who Binance US's target customers are, how Binance decides which coins to list, what's on Catherine's wish list to regulators, and whether Binance US will be connected to or cut off from the global, open financial system Binance is building. We also cover why Binance US launched with Tether as its stablecoin, why the company is also focusing on BUSD, how they became comfortable using BNB token on the exchange, whether or not they worry that BNB could be considered a security. Catherine talks about whether the company will offer leverage, lending, staking, etc., and where Binance US's future revenue could come from as exchange fees trend to zero. We also cover what Catherine has learned from working customer support for Binance US and and how she compares the US and Asian crypto markets.
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Episode links:
Catherine Coley: https://twitter.com/cryptocoley
Binance US: https://www.binance.us/en
Binance US on Twitter: https://twitter.com/BinanceAmerica
Binance US blog: https://www.binance.us/en/blog
Crypto Rating Council: https://www.coindesk.com/coinbase-led-crypto-ratings-council-draws-skepticism-from-legal-experts
Telegram notice about Grams and Ton: https://telegram.org/blog/ton-gram-notice
CZ’s 2020 New Year’s message: https://www.binance.com/en/amp/blog/419417682154909696/Binance-2020-New-Year-Message-Building-Foundations--
Binance US joins Chamber of Commerce Executive Committee: https://www.binance.us/en/blog/419943835304939520/BinanceUS-Joins-the-Executive-Committee-of-the-Chamber-of-Digital-Commerce
Multicoin Capital report, Binance is Blitzscaling: https://multicoin.capital/2019/11/07/binance-is-blitzscaling/