Crypto adoption

Binance’s CZ visits Central African Republic and meets with President Touadéra

Fastin Arcangel Touadéra hosts Changpeng Zhao to discuss Bitcoin and cryptocurrencies.

The opinion meeting took place on Friday and there is not much public information about what actually happened.

Binance’s CEO recently met with the African president so that he could adopt Bitcoin as a legal currency on the continent.

Recently, CZ left its own token, Sango, to evolve alongside bitcoin. Knowing CZ’s infatuation with cryptocurrencies, it’s no surprise that these two personalities would meet.

President Touadéra wrote in a tweet announcing the meeting:

Thank you CZ for opening up and sharing great information based on your Binance experience.
What a wonderful time! Education, investment, adoption of crypto-currencies in the Central African Republic and the region, and the vision of the Sango project were some of the topics discussed at the conference. Looking ahead, better things are on the horizon.

For his part, CZ announced:

We talked about education, investment, regulatory frameworks and cryptocurrency adoption.

Binance is one of the most popular crypto exchanges in the world and its reputation is well established. Although the crypto sector has been going through a difficult period for the past few months, the exchange has maintained its position. Indeed, the downward trend has not shaken the company compared to many others operating in the field.

However, running a cryptocurrency business requires constant work and CZ knows this. With that in mind, the platform is constantly looking for new markets. Its expansion plan is on track and one wonders how far it will go. Nonetheless, Binance is starting to make its mark in Africa and it’s making its presence felt.

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