Interview: Binance CEO Changpeng Zhao (CZ)

Contents

Binance CZ CEO Named Among Top 50 Innovators by Bloomberg
CONTENT

  • Changpeng Zhao is included in the Bloomberg-50 ranking

  • Binance has changed the world’s business landscape

  • CZ believes in cryptocurrencies, CBDC and China

International consortium of news organizations, developing transparency standards.

Binance CEO Changpeng Zhao (“CZ”) has been listed by Bloomberg on Bloomberg-50. Traditionally, this rating includes people who have changed the business landscape over the past year..

Cryptocurrencies are changing the world

Bloomberg Businessweek has named the CEO of Binance “CZ” (Changpeng Zhao) on the 2020 Bloomberg 50 list, an annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape over the past year. The Unranked Bloomberg-50 list presents the most influential leaders in business, entertainment, finance, politics, science and technology, whose achievements in 2020 were especially notable.

Along with CZ, the Bloomberg list includes James Gorman of Morgan Stanley, Elon Musk, Warren Buffett, Steve Jobs, Jeff Bezos, Jack Ma, Greta Thunberg, Janet Yellen and others.

“I am honored to be part of this group of wonderful people who are changing our world for the better. Along with these dedicated and passionate leaders making changes in various fields, we will continue to work to increase financial inclusion around the world by using cryptography as a fundamental vehicle and putting people and our users first, ”said Changpeng Zhao.

Binance cryptocurrency exchange launched in July 2017 but has quickly grown into a global provider of blockchain technology and cryptocurrency infrastructure with a suite of financial products. The fast-growing ecosystem of the organization spans trade and financial services, infrastructure solutions, education, data and research, philanthropy, investment and incubation, decentralization, and more..

CZ believes in cryptocurrencies and China

More recently, Changpeng Zhao said that China can become the financial capital of the world, as it moves along the path of digitalization of the economy and digital currency launch The Central Bank.

“The first country to launch a digital currency will be able to become a leader and attract large-scale investments.

CEO Binance CZ Is In The Top 50 ...

This will help China strengthen the yuan’s position on the world stage, and if it succeeds, other Central Banks will rush to launch their own CBDC, ”said Changpeng Zhao.

Changpeng Zhao himself noted that China banned the circulation of cryptocurrency in 2017.

CEO Binance CZ Is In The Top 50 ...

However, now the authorities are gradually softening their position in relation to digital assets. The Chinese region accounts for about 25% – 40% of the daily trading volume of cryptocurrencies.

At the same time, Zhao himself is confident that cryptocurrencies will eventually compete with fiat money. According to him, Bitcoin and a number of other currencies are rapidly developing, attracting the attention of large institutional investors..

CEO Binance CZ Is In The Top 50 ...

A special impetus for the development of the cryptocurrency market was given by a number of recent events, such as the addition of crypto coins to the PayPal system.

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