Binance CEO Sees P2P Transactions as Possible but Regulatory Hurdle Remains

Binance CEO Richard Teng believes on-chain peer-to-peer (P2P) transactions are feasible, citing the increasing demand for such services and a need for regulatory alignment. During the CEO Connect: May Edition, Teng discussed how Binance Card usage represents a step towards broader P2P functionality. He emphasized that while this technology holds promise, navigating the complex regulatory landscapes across different jurisdictions remains key to realizing widespread adoption.