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Binance CEO Changpeng Zhao Addresses White House Crypto Innovation

It’s been just revealed that the CEO of Binance is addressing the White House crypto innovation. Check out the latest reports revealed by the online publication BeInCrypto below.

Binance CEO talks crypto

Binance CEO Chanpeng Zhao has praised the digital assets report from the White House. The importnat figure in the crypto space said that it shows initiative on the part of the US government.

According to CZ, the right regulations will encourage technological innovation while promoting the fundamental values of cryptocurrencies and protecting consumers.

He tweeted the following words:

“It’s great to see the US moving towards a proposed crypto framework. Getting it right will help protect consumers and markets and spark responsible innovation.”

His commendation comes amidst the general criticism from the crypto community about the report. They described this as “outdated and imbalanced.”

He also tweeted the following message in the important thread:

 

The crypto market has been seeing a lot of corrections lately, and at the ending of this weekend, most of the crypto assets are trading in the red. At the moment of writing this article, BTC and ETH are both trading in the red. Stay tuned for more news from the crypto space.

Despite the market volatility there are a lot of optimistic predictions.

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