Binance aims to allocate $1 billion for crypto recovery fund
Binance CEO Changpeng Zhao is aiming to stockpile $1 billion for an industry recovery fund. Go to Source Powered by WPeMatico
industry recovery fund
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Binance Forming Crypto Industry Recovery Fund to ‘Reduce Further Cascading Negative Effects of FTX’
Cryptocurrency exchange Binance is forming an industry recovery fund to “reduce further cascading negative effects of FTX,” said CEO Changpeng Zhao (CZ). “As an industry, we need to increase transparency,” the executive stressed. “We need to work very closely with regulators all around the world to make this industry more robust.” Binance Establishing Crypto Industry … Read more
Binance creates industry recovery fund to help projects struggling with liquidity
Binance CEO Changpeng Zhao clarified that the project is for other potentially strong projects and not FTX, saying that “liars or fraud” would never qualify. Go to Source Powered by WPeMatico
