🚀 Binance at Hong Kong Web3 Festival 2023
Binance CEO Changpeng Zhao (CZ) joined a Fireside Chat at the Hong Kong Web3 Festival 2023, sharing insights on the future of CeFi & DeFi.
Key Highlights:
🔹 CeFi & DeFi are complementary – CZ emphasized that centralized and decentralized finance can coexist, offering users choice and security.
🔹 Transparency builds trust – Proof of reserves and public wallet audits make Binance a reliable platform for users.
🔹 Regulation matters – Clear, thoughtful regulations help crypto adoption; unclear rules hinder industry growth.
🔹 User experience is key – Simplifying Web3 access is critical for mass adoption.
🔹 Hong Kong as a hub – CZ praised Hong Kong’s proactive approach to blockchain, AI, and stablecoins.
Binance continues to lead the charge in bridging the gap between traditional finance and the future of Web3.