Lack of education is a major hurdle in crypto adoption in SE Asia: Binance APAC head

Binance Head of APAC Leon Foong. Photo courtesy of Binance.

The cryptocurrency market has been in the headlines lately for all the wrong reasons — asset freezes, collapse in the value of digital coins, and layoffs at crypto startups such as Coinbase, Gemini, and BlockFi. Despite the turmoil, cryptocurrency exchange Binance announced last week that it has opened 2,000 positions for hiring.

“We’ve been cautious in terms of only investing in projects that benefit our end users,” the company’s head of APAC Leon Foong told DealStreetAsia in an interview.

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