Richard Teng is the CEO of Binance. In this fireside chat with Balaji, he discusses why the Internet becomes the world's largest capital market and why small countries love cryptocurrency. Website: https://x.com/_RichardTeng OUTLINE 0:49 - What's on the mind of Binance? 3:35 - Binance is the most regulated exchange globally 7:44 - The internet will be the world's largest capital market 10:21 - The beauty of blockchain is global liquidity 12:30 - What countries are the best crypto hubs? 13:08 - Small countries are more nimble LINKS Binance: https://binance.com Richard Teng: https://x.com/_RichardTeng Network State Conference: https://ns.com/conference Full Network State Conference 2025 playlist: https://www.youtube.com/playlist?list=PLJg2RipiXz8oDoMPCsmOVI_UEaSNbgjA6