12.5 C
New York

Binance in Africa, the dashed hopes of a crypto giant

Published:

Just over a year ago, Changpeng Zhao (“CZ”) confided his continental ambitions to us. According to him, Binance, the cryptocurrency exchange platform he founded in 2017, was expected to have “multiple locations in all sub-regions”. The Chinese-Canadian executive said he was convinced he could make “more money in developing countries” than in the US and Europe.

There’s more to this story

Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.



Subscribe Now

cancel anytime

Related articles

Recent articles