CZ Says He Wants to Clear Up Misconceptions, Stresses US Expansion Plans
Summary
- Changpeng Zhao said in an interview with CoinDesk that he wants to clear up misconceptions about Binance and himself.
- Changpeng Zhao said he remains the largest shareholder of Binance but is not involved in management, and that Binance.com and Binance.US each have their own CEOs.
- Changpeng Zhao said he wants to do more in the US and help make the US the capital of cryptocurrency.
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Binance founder Changpeng Zhao, known as CZ, emphasized his intention to expand the company’s business in the US.
In an interview with CoinDesk published on June 24, Zhao said he believed there were many misconceptions about both Binance and himself. He said he wants people to hear his story and understand who he is.
He also stressed that he is not involved in running Binance. Zhao said he remains the exchange’s largest shareholder, but does not operate the company. Binance.com has two co-chief executive officers, while Binance.US has its own chief executive officer.
Zhao also underscored his interest in the US market. He said he wants to do more in the US and personally hopes to help make the country the capital of cryptocurrency.
He ruled out the possibility of directly leading Binance.US. The US platform should be run by someone based locally, he said, adding that he does not consider himself the best candidate.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
