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Changpeng Zhao: The regulatory framework is creating a good environment for cryptocurrencies



Time:7/30/2022 2:47:34 AM

[Changpeng Zhao: Regulatory framework is creating a good environment for cryptocurrencies] Golden Finance News, Binance CEO Changpeng Zhao said in an interview with CNBC that the regulatory framework is creating a good environment for cryptocurrencies. He pointed out that the regulatory environment has become good, and most countries and jurisdictions have begun to establish regulatory frameworks instead of banning Bitcoin or cryptocurrencies outright. He believes that it is difficult to say which area will trigger the next bull market, but the growth of the entire industry shows that we are "moving in a positive direction."

In addition, Changpeng Zhao believes that the current macroeconomic environment (high inflation, recession, etc.) will drive the adoption of cryptocurrencies.

Other news:

Changpeng Zhao: Web3 companies should issue tokens for development, not to raise initial funds: Jinse Finance reported that Binance CEO Changpeng Zhao said at the Korea Blockchain Week in 2022 that Web3 companies should issue tokens to accelerate development, and Not to raise initial capital. Changpeng Zhao explained that when people enter Web3 and want to develop applications, projects, or start-ups, they want to issue tokens immediately, but I would advise against this, and building market fit for products should come before token issuance.

Changpeng Zhao also said that once you issue a token, the token has a certain utility. Every time you change this, your token holders will be affected. Either positive or negative, usually negative. (Forkast) [2022/8/9 12:12:53]

News | CryptoKitty made a Kitty image for Changpeng Zhao and part of the proceeds will be donated to the Binance Charity Fund: CryptoKitty announced a new plan for the new year on Twitter: it will cooperate with Coindesk to recommend 10 most influential figures in the blockchain field, Proceeds from making a personal Kitty avatar for them will go to support charitable funds or projects associated with each character. The first person to be announced is Changpeng Zhao, the co-founder of Binance. [2019/1/1]

Voice | Changpeng Zhao: 2018 is a "correction year" for cryptocurrencies: According to Cointelegraph, Binance CEO Changpeng Zhao said that 2018 is a "correction year" for cryptocurrencies. He noted that while “price is a very powerful attraction” for speculators, the industry will grow as developers create apps and “real use cases” that drive further adoption of cryptocurrencies. Changpeng Zhao expressed optimism about the future of the crypto industry in an interview with Bloomberg on Dec. 19. [2018/12/20]

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