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Binance’s CZ Says He Played a ‘Tiny’ Part in UAE’s Embrace of Bitcoin as Store of Value


Binance’s CZ Says He Played a ‘Tiny’ Part in UAE’s Embrace of Bitcoin as Store of Value

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Binance's founder, CZ, played a key role in the UAE's recognition of Bitcoin as a store of value, aligning it with gold. This formal acknowledgment is a significant step towards Bitcoin adoption in the region.

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Changpeng Zhao (CZ), founder and former CEO of the world’s largest crypto exchange, Binance, has revealed his role in the United Arab Emirates’ (UAE) Bitcoin adoption.

In a tweet highlighting information that the UAE has formally recognized bitcoin (BTC) as a store of value similar to gold, CZ disclosed that his advocacy contributed to the development.

Read the article at CryptoPotato

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