Ex-Binance CEO chides Europe over crypto adoption

Changpeng “CZ” Zhao, the former CEO of crypto exchange Binance, said most European countries were moving “nowhere” in terms of the adoption of digital currencies. Speaking at the Token2049 conference in Dubai on April 30, Zhao said that areas of the United Arab Emirates were “extremely pro-business,” leading to crypto adoption in Dubai, while others like Bhutan were building national Bitcoin (BTC) and Ether (ETH) stockpiles. According to Zhao, the US was pressing other countries’ hands by exploring its own policies for a crypto reserve, but those in Europe didn’t seem to be reacting. “I don’t see Europe in this discussion,” said Zhao, highlighting one exception source: https://cointelegraph.com/news/changpeng-zhao-europe-over-crypto-adoption?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound