Zhao: “Cryptocurrencies need entrepreneurs”

The CEO of Binance said that nowadays digital assets do not really require Exchange Traded Funds, but rather groups with the ability to innovate

The CEO of the most important exchange house in the world -Binance- Changpeng Zhao, said that nowadays cryptocurrencies need entrepreneurs and not Exchange Traded Funds (ETFs).

“I think that for our industry to grow we need more entrepreneurs to build real projects”, Zhao said of the improvements this world needs.

The launch of a bitcoin ETF is one of the most anticipated events in the United States, as it could have an extremely positive impact on the price of digital assets.

Zhao was also questioned with everything that is happening around the QuadrigaCX exchange house, to which he assured that “there was something strange happening there”.

Last week the CEO of the exchange house Gerry Cotten passed away, something that caused the loss of 145 million dollars in cryptocurrencies in view of the fact that he never revealed the private keys of the reserves of the platform.

K. Tovar

Source: Coincrispy

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