Quantcast

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

Hong Kong launches 'supervision incubator' to help banks adopt blockchains
MEP Berger: 'The FDP needs Bitcoin'
Sen. Lummis on Ex-Vice Chair of Federal Reserve: He was 'enabling Chokepoint 2.0'
Gemini Agrees to Pay $5M Settlement in CFTC Case
Bhutan economic hub to set up strategic crypto reserve
CFTC: Rostin Behnam announces his resignation
Bountycaster Co-Founder on loan rejection: I 'Experienced Operation Chokepoint 2.0 firsthand'
Strategic Bitcoin Reserve: Czech Central Bank does not rule out this possibility
Binance marks 21st global regulatory milestone with authorization in Brazil
Crypto and Stock Market: what not to miss for the week of January 6 to 12
French regulator authorizes crypto operations for BPCE subsidiary
Dutch Regulator AFM Awards EU MiCA License to 4 Companies
MiCA can attract more crypto investment despite overregulation concerns
MicroStrategy Buys a Further 1,070 Bitcoin
Crypto Youtuber on Chokepoint 2.0: I got 'denied from opening a bank account'
Expert accuses BlackRock of manipulating Bitcoin price
Centralization and the authoritarian threat to privacy — Web3 exec
MicroStrategy Buys Another 2,138 Bitcoin, Adding to Holdings for an 8th Straight Week
EU crypto regulation MiCA comes fully into force
Russia enforces a six-year ban on cryptocurrency mining across ten regions
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
Artificial Intelligence: Bitcoin at $1 million in 2030 if these 3 conditions are met
Stablecoin adoption, ETFs to propel crypto performance in 2025: Citi
EU silence does not make USDT MiCA-compliant, says exec
BlackRock: A fantastic year thanks to its Bitcoin ETF
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Decentralized Finance: A Sector Poised for New Heights in 2025?
Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
Coinbase CLO shares data on crypto hedge funds debanking, demands for answers
Bybit to disable logins for Malaysian users starting December 24
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

Georg Brameshuber, a crypto advisor, said that cryptocurrency is more than just money; Bitcoin represents financial "sovereignty," with some countries embracing it while others resist its influence.

Feb 21, 2025

The Comisión Nacional del Mercado de Valores (CNMV) has issued warnings about unregistered institutions that are unauthorized to offer investment services or related activities, including cryptocurrency services.

Feb 21, 2025

The Federal Financial Supervisory Authority (BaFin) has issued a warning against the website topcoinmarkt.de, citing unauthorized financial, investment, and crypto-security services.

Feb 21, 2025

Changpeng Zhao, also known as CZ, co-founder and former CEO of Binance, announced a donation of 150 BNB to assist those impacted by the Argentine $Libra currency incident.

Feb 18, 2025

Giulio Centemero, the League Group Leader on the Italy Finance Committee, has highlighted misunderstandings surrounding crypto assets and stressed the need for broader education to clarify sector differences.

Feb 18, 2025

The Commissione Nazionale per le Società e la Borsa (Consob) has announced the first application of the Markets in Crypto-Assets Regulation (MiCAR), blocking ten websites that falsely advertised crypto services.

Feb 18, 2025