CZ says it is a bad idea to have nation-specific crypto markets.
The Binance CEO has recently met with Kazakhstan, Turkey, and France authorities to develop Web3 and blockchain tech infrastructure for them.
Changpeng Zhao (CZ), Binance CEO, believes there are shortcomings associated with individualized crypto markets following his recent discussions with authorities from various nations. As Binance continues to make efforts to expand globally, many leaders have been engaging CZ in talks regarding crypto and other web3 policies.
Recall that Spain, Italy, and Dubai recently granted an operating license to the popular crypto exchange. Thus, increasing the list of counties where the exchange operates. CZ has held conversations with different nation’s regulators as a leading voice in the crypto space. During these conversations, some countries proposed nation-specific markets and order books solely for their region.
However, CZ said it is a bad idea because having large liquidity in the...
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