Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless – Regulation Bitcoin News

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Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. cryptocurrency bitcoin

“It’s better to regulate the industry instead of trying to fight against it,” the Binance executive emphasized.The CEO of Binance, Changpeng Zhao , talked about cryptocurrency regulation following the collapse of crypto exchange FTX Friday at a Binance event in Athens, Greece.

I think most governments now understand that adoption will happen regardless. It’s better to regulate the industry instead of trying to fight against it. FTX, a major cryptocurrency trading platform, collapsed and filed for bankruptcy on Nov. 11. An estimated 1 million creditors are facing losses totaling billions of dollars.. Nonetheless, he said he expects the crypto industry to recover.The last two months too much has happened. I think now we see the industry is healthier … just because FTX happened it does not mean that every other business is bad.

 

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Governments are now exploring the adoption of blockchain and crypto during this market crash. Maybe there's a bigger picture to it? zetrix

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With crypto users growing at around 80% a year, this makes it the fastest rate of technological adoption in human history.

CZ is right. We are heading towards mass adoption of crypto. It'll take alittle bit longer because of FTX but it will happen. Let's look at the big picture!

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Well yeah. A lot of people are already using it. No stopping it now.

He looks like chinese, speaks like Chinese, yet he claimes not. I can't trust him

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-BSC swaps ripping off projects & community. What's fix? cz_binance

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We know

Gov afraid the crypto, that's why im buying it regulary on bitfinex

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you are right but the problem is people's are still curious about the situation right now of Bitcoin

Regardless of what they do? Taxing cryptos is the best way to kill it. All countries should tax crypto & get rid of this ‘sit on ur bums & make money’ scam.

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Cz is a mongrel dog

Thats nice!!

Thats nice

₿ adoption MAYBE Crypto might be history soon

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Yes, it will, the final piece of control, when u revolt, just invalidate your keys, FK THAT SON!

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