Recently, Binance cryptocurrency exchange CEO Changpen Zhao participated in the AMA on Twitter and expressed his opinion on the latest developments in the regulation of cryptocurrencies in China.
According to Zhao, China’s focus on the blockchain should not be attributed to bitcoin and other cryptocurrencies. Thus, the use of the blockchain will take place without digital assets:
CEO of the Binance expects a lot of interesting things to happen in China, as many of the projects that were in “silent development mode” are now “coming out of the shadows.”
In addition, he said that after the initiatives in the field of blockchain announced by the country’s president, the Binance P2P platform registers the volume of more than several million dollars a day.