Monday, July 4

Changpeng Zhao Claims Centralized Exchanges Will Remain Relevant In 2022 By CoinTelegraph

© Reuters. Changpeng Zhao Claims Centralized Exchanges Will Remain Relevant in 2022

In a video of questions to close 2021, Binance CEO Changpeng Zhao, popularly known as “CZ”, addressed a series of tweets chosen by the Binance community.

The most prominent message from the Chinese-Canadian entrepreneur was that centralized exchanges like Binance will remain relevant in 2022 and beyond.

Responding to a loaded tweet about the dark side of centralized finance, as well as the future of decentralized finance, Zhao said: “Today, we still need centralized systems to integrate with the traditional financial industry so that we can deposit and get the money out of cryptocurrencies. “

Read the full article on Cointelegraph

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