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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