Binance Has No Big Plans for India Due to the 1% Transaction Tax, Says CEO Changpeng Zhao
Binance CEO Changpeng Zhao (CZ) has all but given up on India. Pointing out the 1% transaction tax that came into force on 1 July 2022, CZ said it makes crypto trading unviable in India. “If you are going to tax 1% on each transaction, there is not going to be that many transactions… To be honest, I don’t think India is a very crypto-friendly environment,” he said.
'Only a Psychopath Can Write That Tweet', Binance CEO Talked About Sam Bankman-Fried
Binance CEO Changpeng Zhao (CZ) <a href="https://milkeninstitute.org/video/changpeng-zhao-binance-ceo">talked</a> about SBF with the Milken Institute on Nov. 17, 2022, and he explained that he did not know why SBF <a href="https://twitter.com/SBF_FTX/status/1590709197502812160">considered</a> Binance a “sparring partner.”
Binance's CZ Lists Six Requirements for Safe Exchanges
User funds must never be mismanaged and all measures must be maintained to keep user funds secure.
CZ Vows to Be ‘More Vocal’ About Competition Following FTX Collapse
Binance CEO Changpeng Zhao says he will be loosening up his "policy to not comment on competitors (we call industry peers) publicly" following the collapse of FTX.
Binance To Start Proof Of Reserves For Full Transparency
In latest developments, Binance CEO CZ, has recommended that all crypto exchanges should do merkle-tree proof-of-reserves. He further suggested that crypto exchanges should not run on fractional reserves, unlike banks.
Targeted Takeover? CZ’s FTX Rescue Coincides With Midterms
The unexpected election day truce between crypto exchanges Binance and FTX might be enough to overshadow voting-related volatility as shifting digital asset regulation comes into focus, analysts said Tuesday.
