CZ and Faustin-Archange Touadéra, that gives ideas. The Binance director recently met with the president of the Central African Republic and that leaves room for imagination. So, new crypto perspectives in sight? Discover all the details below.
Changpeng Zhao and Touadéra: what do they have in store for us?
The Central African Republic quickly rose to fame after its president announced his adoption of bitcoin (BTC). Indeed, the country is one of the few to use BTC as its official currency. It is therefore not surprising that such an initiative arouses interest. However, the CAR president did not stop there.
The latter has progressed in its adoption of crypto assets. Recently, the Central African Republic left its own token, Sango, to evolve alongside bitcoin. Knowing CZ’s infatuation with cryptocurrencies, it’s no surprise that these two personalities meet.
Binance CEO has announcement his meeting with Faustin-Archange Touadéra on his Twitter account. Indeed, the situation of cryptocurrencies around the world is puzzling. While some support them body and soul, others continue to denigrate them.
The falling markets and the crypto winter did not help to fix things. Now that the sector is gradually recovering, it is important to think about the development of these assets. That’s pretty much the purpose of this meeting. According to Changpeng Zhao, they discussed regulatory frameworks, education, investment, and adoption of cryptocurrencies.
Binance, leader in crypto investment?
Binance is one of the most popular crypto exchanges in the world and its reputation is second to none. Although the crypto sector has been going through a difficult period for the past few months, the exchange maintains its position. Indeed, the downtrend has not shaken the company compared to many others in the field.
However, running a cryptocurrency business takes constant work and CZ knows it. With this in mind, the platform is constantly looking for new markets. Its expansion plan is on track and one wonders how far it will go. Nevertheless, Binance is starting to leave its mark in Africa and it is being felt.
His meeting with the President of the Central African Republic is just another step for the crypto business. Indeed, Binance operates in several African countries. Among others, the RCA. The platform allows the trading of many cryptos. But apparently she wants to strengthen her position in the country. All the points mentioned in the tweet suggest that CZ is thinking big in the CAR.
Binance is in constant development. Although it is the largest crypto exchange platform, it continues to strategize to sustain itself. The meeting of CZ and Faustin-Archange Touadéra, the President of the Central African Republic certainly has some surprises in store for us. But which ones? No one knows yet. However, one might think that the adoption of cryptocurrencies in the CAR is here to stay.
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