Binance CEO believes that Turkey are a key market for crypto and blockchain

Changpeng Zhao, CEO of Binance was recently showering praise on Turkey’s crypto potential.
He mentioned how there is much for demand and interest of cryptocurrency in Turkey.

Ken Chigbo Independent Analyst

CEO of the world’s largest cryptocurrency exchange by traded volume, Binance, has recently been praising Turkey’s demand for and interest in cryptocurrency. He believes that the nation is giving itself “the chance to lead financial technology developments.”

These comments from Changpeng Zhao come after Binance recently announced the introduction, of a new fiat-to-crypto gateway for Turkish lira. As a recap, Earlier this month, the Turkish government did announce it may be ready to issue its own digital currency by the end of 2020

CZ said:

“Turkey plays a leading role in this field, giving it the chance to lead financial technology developments… If Turkey takes the right steps, it will become a very important actor in the field of financial technologies in the near future.”

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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