$BTC Binance, starting in China, raised $15 million in 2017, with many individual investors, including major nodes; Binance roams the world, earning money from Chinese people, donating to schools in Africa, seeking fame in Europe and America, and the ultimate pursuit is to transition from Asia to Europe. In 2023, when the media had not been completely bought out, the last report from the WSJ showed that Binance's users and share were still concentrated in China. By 2025, we will have no way to assess the importance of the Chinese market.