HomeStock MarketRegulating cryptocurrency is preferable to combating it, says the CEO of Binance.

Regulating cryptocurrency is preferable to combating it, says the CEO of Binance.

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  • According to Changpeng Zhao, CEO of Binance, “most governments now understand” that adoption of cryptocurrencies “will happen regardless.”
  • He continued, “Regulating the industry is preferable to trying to fight it.
  • Zhao added in response to a further question regarding the demise of the cryptocurrency exchange FTX, “Just because FTX happened does not mean that every other business is bad.”

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