It’s been revealed that the CEO of Binance crypto exchange is addressing the adoption of digital assets. Check out the latest reports below.
Binance CEO addresses crypto adoption catalyst
The CEO of Binance digital asset exchange, Changpeng Zhao, has just revealed a way of increasing the global adoption of cryptocurrencies.
In an interview with Yahoo Finance, the Binance CEO made sure to explain the fact that having regulations for the digital asset industry would “ease” crypto adoption.
“I do believe that having regulatory clarity will actually ease adoption. There is a group of guys who got into crypto early, many of them may be libertarians, anarchists etc. They hate any kind of regulation.”
He continued and said the following:
“But I think for the mainstream users, the rest of the 90% or 95% of the users that are still not in crypto yet, having regulation will actually ease them into crypto.”
According to Zhao, not all regulations designed for the crypto industry are “good.”
“Regulatory clarity definitely helps. But it’s not to say that all regulations could be good. We have to look at the specific regulation. For example, we’ve seen in other countries where they have a clear ban on crypto. That’s one type of regulation that’s clearly not good…”
He continued and said this:
“Bad regulations are bad. Good regulations are good.”
Bitcoin new really prediciton is out
It’s been just revealed that there is a popular crypto strategist and trader who says that Bitcoin (BTC) is gearing up for a rampaging bull market next year.
Pseudonymous crypto strategist Credible said recently that Bitcoin is about to conclude a major corrective period. It’s also been revealed that BTC looks poised to ignite a parabolic rally to the six-digit level.
Check out our previous article in order to learn more details.