Yi He during an interview in Dubai last month. The Binance co-founder proved instrumental to the crypto exchange’s meteoric rise.

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

Cryptocurrencies

Crypto’s Most Powerful Woman Speaks Out as Crisis Rocks Binance

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.

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.