Future Blockchain Summit: Binance CEO CZ Says Progress Is Coming By CoinQuora – Investing.com

  • Date: 18-Oct-2021
  • Source: Investing.com
  • Sector:Technology
  • Country:UAE
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Future Blockchain Summit: Binance CEO CZ Says Progress Is Coming By CoinQuora – Investing.com

It is now Day 2 at the Future Blockchain Summit Dubai, and the attendees are all ears as Binance CEO — Changpeng Zhao (CZ) takes the stage. The audience listens, rapt with attention, as CZ talks about the coming progress in the blockchain world.

In particular, CZ shares his thoughts on the crypto regulatory scene. The world is seeing varying degrees of crypto adoption. Some countries like El Salvador have taken huge leaps of faith while others like the UK and Canada are slowly testing the waters. Meanwhile, countries like China are refraining altogether.

On this matter, CZ elevates the need for open-mindedness and patience. He says that governments, regulatory bodies, and banking structures have been around for decades and it would be unreal to expect them to change overnight.