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Binance Zhao Is Thinking About Buying Banks

CEO of Binance Zhao Is Thinking About Buying Banks

Here are his views, Check out below 🧵 binance bitcoin cryptocurrency crypto ethereum blockchain btc coinbase eth xrp trading cryptonews cryptotrading bitcoinmining dogecoin forex bitcoins altcoin bitcoinnews

According to an interview Zhao gave to Bloomberg at the Web Summit conference in Lisbon, Binance founder and CEO Changpeng Zhao is considering perhaps purchasing banks as a means of bridging the gap between the worlds of traditional finance and cryptocurrencies.

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Zhao said he's open to either a full acquisition or a minority investment but did not mention any specific prospects.

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"There are people who hold certain types of local licenses, traditional banking, payment-service providers, even banks. We’re looking at those things."

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