Changpeng Zhanno in his last conversation to Denying the connection of the Binance exchange with the Chinese government the payment. According to CZ, Binance’s western competitors are spreading rumours.

Binance CEO Chanpeng Zhao denied the rumors against the exchange. According to many cryptocurrency market participants, Binance has ties to the Chinese government.

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Details of the denial of Binance’s connection with the Chinese government

With around 28.6 million members, Binance is one of the largest digital currency exchanges in the world. Since its launch in 2017, Binance has become one of the most important players in the cryptocurrency industry. This exchange had an income of 1 billion dollars in 2020.

Binance exchange Your own native token has the This token is known as BNB or Binance USD. The BNB token was launched on the Ethereum platform in 2017. In 2019, Binance designed its own blockchain, Binance Smart Chain. Since then, BNB has moved to its own dedicated network.

Denying the connection of the Binance exchange with the Chinese government

Binance USD As the name suggests, it is linked to the US dollar. Binance has always been accused by many of its critics. Changpeng Zhao (CZ), recently responded to allegations that the company is controlled by the Chinese government.

Guangying Chen, a Chinese citizen and Zhao’s personal assistant, in rumors that The company is controlled by the Chinese government It has been mentioned.

ScamBinance site, claimed that Guanjing was the main shareholder of Binance for a period of time; For this reason, he and those around him have always been under the media’s scrutiny. ScamBinance is a news website dedicated to exposing Binance scams and abuses.

The Binance CEO said of the accusations against Guanjing, “If I had known how badly this would affect Guanjing’s personal life, I would never have asked him to work with Binance.”

In the formation of such cases, China’s view on cryptocurrencies will be of special importance. The Chinese government has taken a tough position against digital currencies and has banned the ownership and use of digital assets in this country.

Zhao also tried to deny the connection of Binance exchange with the Chinese government. He even went so far as to share some of his most terrifying and painful experiences dealing with Chinese authorities. According to the CEO of Binance, the fact that the majority of people working in the professional team of this exchange are made up of Chinese also has no effect on the formation of the accusation of Binance’s relationship with the Chinese government. Zhao further added:

Currently, the biggest problem that the world’s largest exchange is dealing with is the accusation of Binance exchange’s relationship with the Chinese government. Our competitors in the West are doing their best to present us as a Chinese company.

Binance is a very important and big crypto company, but only time will tell us the truth.

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Source: bitcoinist

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