CBDCs are no threat to crypto, says Binance boss

Cointelegraph

Published Nov 03, 2022 12:56AM ET

Updated Nov 03, 2022 02:40AM ET

Binance CEO Changpeng "CZ" Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are a threat to his company or the crypto sector.

CZ spoke at the Web Summit in Lisbon on Nov. 2 about CBDCs and their role in the crypto industry.

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