Quantcast

CEO of CryptoQuant: 'U.S. uses Coinbase, the world uses Binance'

Chainalysis report analyzes global trends in crypto adoption
How BlackRock helped Bitcoin get its mojo back
The SEC authorizes the NYSE and CBOE to offer spot Bitcoin (BTC) ETF options trading
The Crypto Town Hall: 'Binance Blockchain Week 2024: A powerhouse event for crypto innovation'
Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge
EigenLayer’s official X account hacked to promote fake airdrop
XRP : A 30% risk of losses as a result of the’appel of the SEC against Ripple
Stripe is well on its way to acquiring Bridge, a fintech specialist in cross-border payments in stablecoins
Former chief of IRS - Criminal Investigations: Ex-U.S. government agent 'without a doubt, is being held captive in a Nigerian prison'
Jailed Binance exec’s Nigeria trial postponed after he fails to come to court ― ‘He’s very sick’
Trump-Touted Crypto Website Crashes as Token Sale Goes Live, With Just 1.7% of Target Sold
How Coinbase’s Base dethroned Arbitrum as top Ethereum layer 2
MiCA: 67% of euro stablecoins now comply with the new directives
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average
Google weekly relative search volume for 'bitcoin' hits lowest level in a year
The 15 years of Bitcoin immortalized thanks to The Bitcoin Masterpiece, by Frederic Imbert
UK, Colombia crypto exchanges linked in TD Bank record fine
For Millennials, Bitcoin Is the New Real Estate
Binance exec Tigran Gambaryan again denied bail in Nigeria despite 'clear evidence of medical requirement,' family says
Ripple (XRP) goes on the offensive after the SEC appeals the court ruling against it
Binance exec’s bail plea dismissed on technicality
BloFin impresses at the’ event TOKEN2049 Singapore with its clear vision for rapid expansion
Crypto.com sues SEC amid agency threats over Solana, Binance, Cardano tokens
Former Bitcoin developer points out missing detail undermining HBO's claim that Peter Todd is Satoshi
AI startups draw record $11.8B funding in Q3
Former Bitcoin Dev Peter Todd Denies He's Satoshi Hours Before HBO Documentary Airs
OpenAI, the creator of ChatGPT, will open an office in Paris this year
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
HBO announces that the identity of Satoshi Nakamoto will be revealed in its next documentary dedicated to the creator of Bitcoin
CEO of CryptoQuant: 'U.S. uses Coinbase, the world uses Binance'
Web3/Crypto
Webp ju
Ki Young Ju (left), CEO of CryptoQuant, with Michael Saylor (right), Executive Chairman of MicroStrategy | X

Ki Young Ju, CEO of CryptoQuant, said that Binance is utilized by the global cryptocurrency market, while Coinbase remains more popular in the United States. The statement was made on X on January 16.

"U.S. uses Coinbase," said Young Ju. "The world uses Binance."

According to a post on X, a graph showed Binance's presence in cryptocurrency market share across various regions: 51% in Asia, 50% in Europe, 72% in Africa, and 68% in South America. In contrast, Coinbase was depicted as the leading exchange in North America with a 45% share. Binance's market share in Oceania was lower at 18%. Other exchanges such as Kraken, Bybit, and OKX accounted for smaller portions of the global market.


Ki Young Ju's post | X

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Min, founder of ICX, posted on X that Binance would "100% be used" in the U.S. if permitted. Binance CEO Changpeng Zhao (CZ) responded with a shrugging shoulder emoji.

Binance is regulated in 21 countries, which is more than any other cryptocurrency exchange. This includes approvals in markets such as Argentina, India, Kazakhstan, Indonesia, France, Japan, and Dubai. Most recently, Binance secured regulatory approval in Brazil by acquiring Sim;paul, a broker-dealer licensed by the Central Bank of Brazil. This marks the first time a crypto exchange has received a broker-dealer license in Brazil. Binance's regulatory compliance includes Anti-Money Laundering (AML) policies and Know Your Customer (KYC) processes alongside a Financial Crime Compliance unit. With over 1,000 staff dedicated to compliance efforts globally, Binance aims to ensure secure and responsible operations.

Ki Young Ju serves as CEO and co-founder of CryptoQuant since 2018. The company provides institutional-grade on-chain data for digital asset valuation. Previously he worked as a product manager at ICON Foundation and as a researcher at Penta Security Systems focusing on cryptography and web security. He holds a B.S. degree from Pohang University of Science and Technology and studied Computer Science at the University of Waterloo.

More News

Florian Glatz, a blockchain lawyer, has suggested that 2024 may mark the peak of "skeuomorphism" in the cryptocurrency sector.

Apr 23, 2025

The Bank of England has released the minutes from its Financial Policy Committee (FPC) meetings held on April 4 and 8, 2025.

Apr 23, 2025

Therese Chambers, joint executive director of enforcement at the Financial Conduct Authority (FCA), said that the agency is "engaging with" government, industry, consumers, and regulators to enhance oversight of cryptocurrency and market abuse.

Apr 22, 2025

The German Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Timebtc Group, which is offering financial, investment, and cryptocurrency services without the necessary authorization.

Apr 21, 2025

The Comisión Nacional del Mercado de Valores (CNMV) announced it had issued warnings about unregistered financial and crypto entities operating without proper authorization.

Apr 21, 2025

The Autorité des Marchés Financiers (AMF) has announced its adherence to the European Banking Authority's (EBA) guidelines on restrictive measures for crypto-asset service providers, aimed at combating money laundering and terrorism financing.

Apr 21, 2025