Binance CEO “CZ” on Friday met with the Central African Republic’s President Faustin-Archange Touadera to discuss education, investments, regulatory frameworks, and crypto adoption in the country.
Binance CEO had earlier cleared his mission to lead the next wave of crypto and blockchain adoption. The expansion of the firm in the Central African Republic will drive massive crypto adoption across the African continent due to the “Sango Project” crypto initiative.
Binance CEO Visits the Central African Republic
Binance CEO “CZ” in a tweet on August 5 announced his visit to the Central African Republic to drive massive crypto adoption. He met with President Faustin-Archange Touadera to discuss crypto education and investments in the country, raising awareness about the benefits of crypto. The Central African Republic became the first nation in Africa to make Bitcoin a legal tender.
Binance CEO also discussed the crypto regulatory frameworks in the country. He believes crypto regulations help drive crypto adoption by establishing trust in people.
Interestingly, the crypto exchange continues to expand its presence globally, pushing the acceptance of BINANCE Coin (BNB) as payments through Binance Card and Binance Pay.
