Binance CEO, Changpeng Zhao shared his prediction on the “future of blockchain” in an interview conducted by Fortune, stating that cryptocurrency will be even more decentralized in coming future.
Limitless Cryptocurrency Market Space
In the interview, Zhao politely and happily shared his huge ideas about blockchain and good things about Coinbase as well; along with adding Binance is the most prominent cryptocurrency platform.
Zhao said:
“In developed markets, there’s more money to be made but more regulation and it’s saturated with competition. We don’t want to compete with Coinbase and [Winkelvoss-owned] Gemini. The strategy there requires lots of lawyers and lobbying.”
He prefers to operate in areas like Malta, which allows him to work directly with a head-of-state, promoting the ideals of a decentralized system.
Zhao states Coinbase acknowledges the groundwork Binance is placing in Malta, while Binance is thankful for Coinbase work to help U.S. lawmakers understand cryptocurrency. He said: “We have a very good relationship with Coinbase.”
Also read: Bithumb Temporarily Suspends