Changpeng Zhao, the CEO of Binance, also called “CZ,” has opened up to Fortune Magazine, ending his recent media silence.
The founder of Binance, the world’s largest cryptocurrency exchange, has broken his media silence to speak to Fortune Magazine. CZ, real name Changpeng Zhao, has been largely silent in public this year. A fact the profile explains as “a decision based on the fraught regulatory environment and on frustration with what Binance regards as media mischaracterizations of the company and Zhao.”
Over nearly 6,000 words, the profile explores CZ’s past in rural China and his experience as a first-generation immigrant to Canada. Furthermore, the article discusses why CZ left Shanghai, where Binance was founded in 2017.
To put in bluntly, officials in Beijing disliked cryptocurrency. China first barred banks from doing crypto transactions in 2013. In 2017, the regime also banned initial coin offerings (ICOs)…