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2019-11-27 05:07:37

Binance venturing into China unlikely at this moment, Binance CEO

Binance CEO Changpeng Zhao, in his recent interview with Blockshow, discussed the company’s constant efforts towards developing its ecosystem, broadening the scope of crypto-based services to newer markets and share his insight into crypto’s mass adoption and company’s future plans amid present market conditions. Drawing a comparison of how cryptocurrencies are perceived in developed and developing countries, Zhao mentioned that governments of smaller countries tend to adapt to the idea of digital assets much faster as they have fewer regulatory reforms to worry about. He used the company’s native stablecoin, Binance USD (BUSD) as an example to elaborate on this