The President Of Binance Spoke About The Plans Of The Exchange

Today, March 13, 2022, the Paris Blockchain Week Summit (PBWS) has started. This event takes place in the capital of France. Within its framework, Changpeng Zhao (CZ), who heads Binance, spoke on stage in front of the audience. Other well-known personalities in the blockchain world will also take the floor.

The head of the leading cryptocurrency exchange announced the plans of his company. As part of his speech, he spoke about the most important topics for the development of the ecosystem and his own project. CZ announced that its cryptocurrency marketplace has partnered with Station F, a major startup campus in France.

He also assured that France occupies a unique position in the European Union in terms of the legal framework, the number of young talents and experience in the field of blockchain. In his opinion, this country has every chance to become a key crypto hub in the EU.

Zhao assured that the French government is one of the most progressive and open-minded on the continent. In this country, they can help develop a legislative framework that will not suppress the technologies themselves.

He also stressed that his platform is going to expand. Binance does not compete with other trading services, but considers them as friendly, which help to develop their own project.

Zhao announced that his Binance marketplace will offer customer support in 31 languages ​​for the foreseeable future.

The entrepreneur also noted that over the past year there has been a significant shift in the mass adoption of cryptocurrencies. Binance is now working very closely with regulators in many major countries. Binance Labs, the investment arm of the exchange, has invested more than $100 million in promising startups with a combined market capitalization of $7 billion.

An earlier edition informed that the head of Binance assured that his service would necessarily obey all the rules and sanctions imposed on residents of the Russian Federation.

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