Binance Co-Founder Yi He on Crypto, Regulation and Changpeng … – Bloomberg
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Yi He during an interview in Dubai last month. The Binance co-founder proved instrumental to the crypto exchange’s meteoric rise.
Photographer: Natalie Naccache/Bloomberg
Behind the scenes, Yi He is an influential power broker in the $1.2 trillion crypto market. Now, the firm she helped start with Changpeng “CZ” Zhao is under threat from regulators.
Muyao Shen and
Justina Lee
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One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting — even now as governments everywhere intensify their crypto clampdown: Yi He.
As a co-founder of the besieged digital-currency empire, she’s one of the most powerful players in the $1.2 trillion industry. She also has much to lose as the regulatory onslaught deepens and causes an existential crisis for crypto’s largest exchange.