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CZ Says Crypto Will Make Banks Obsolete, Binance Faces Controversy In Philippine Reentry
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CZ Says Crypto Will Make Banks Obsolete, Binance Faces Controversy In Philippine Reentry
CZ fired back at legacy banking systems that are lashing out at blockchain and crypto, even though they are already struggling to catch up. Along the way, Binance’s reentry into the Philippines faces renewed scrutiny due to its partner company’s alleged links to a politician facing nearly $1 plunder charges. Changpeng “CZ” Zhao, former CEO of Binance, boldly proclaimed that banks will be obsolete if they fail to embrace crypto and blockchain. Hi…
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