Binance's CZ was in Paris this week and explained how local governments are accelerating crypto's adoption.
During Paris Blockchain Week, Changpeng Zhao, CEO of Binance, the largest centralized cryptocurrency exchange in the world,down with Cointelegraph reporter Joe Hall for an exclusive interview. When asked about what excites him the most in crypto in 2022, Zhao said"We're now seeing regulators who want to be a part of this industry. So I think that's one of the most fundamental things we've shifted.
"Multiple countries, such as the U.S., issued an executive order regarding stablecoins. Along with Bahrain, Dubai built a regulatory framework and issued a number of licenses to big players."The CEO of Binance then went on to describe how France, Portugal, Sweden, and Gibraltar have all enacted positive regulations regarding crypto."So I think that really helps adoption," says Zhao.
Zhao gave particular praise to the regulatory framework of the French government, saying"In setting up this conference, our team asked permission to put Binance banners on the Palais Brongniart [Historical Paris Stock Exchange]. And the government was totally cool with granting permission, which shows their progressiveness."
"I think just little things like that indicate how comfortable we feel with the government here. That's why we want to make heavy investments and grow the industry in France." More than 60% of conventional companies have turned a profit when venturing into blockchain in France, compared to just 20% for the global market. Cointelegraph staff is
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Amazon CEO: We’re Likely Not Close to Adding Crypto as Payment in Retail Business.Amazon CEO ajassy said Thursday that the e-commerce giant was likely not close to adding crypto as a payment method in its retail business, but selling NFTs was a possibility in the future. By NelWang
Baca lebih lajut »
Crypto firm Ripple's court battle with the SEC has gone 'exceedingly well,' CEO saysRipple's fight against a lawsuit from the Securities and Exchange Commission has gone 'exceedingly well,' CEO Brad Garlinghouse said.
Baca lebih lajut »
Circle to Apply for Crypto Bank Charter Soon: CEO Jeremy Allaire Circle to Apply for Crypto Bank Charter in ‘Near Future’: CEO AllaireThe plan is in line with US regulators’ growing perception that stablecoins should be issued by banks. The plan is in line with US regulators’ growing perception that stablecoins should be issued by banks
Baca lebih lajut »
Bitcoin Could Hit $100,000 Within a Year, Crypto Firm's CEO PredictsThere are still some headwinds for the crypto market as the global regulatory environment remains fragmented and the digital currency still remains volatile.
Baca lebih lajut »
Amazon CEO: Crypto Will Become Bigger, NFTs Will Grow 'Very Significantly' – Featured Bitcoin NewsThe CEO of e-commerce giant Amazon is optimistic about crypto and non-fungible tokens (NFTs). He says that over time crypto will 'become bigger' and NFTs will continue to 'grow very significantly.'
Baca lebih lajut »
Leon Haley, late UF Health CEO, honored at OneJax Humanitarian AwardsLeon Haley, the late UF Health CEO who died in a personal watercraft accident in July 2021, was one of several Jacksonville-area leaders recognized Tuesday at the OneJax Humanitarian Awards event.
Baca lebih lajut »