The president of Ivory Coast, Alassane Ouattara, and Changpeng Zhao, the CEO of Binance, met today to talk about economic and financial issues related to getting access to cryptocurrency.
The meeting was held to help people in Côte d’Ivoire use and accept cryptocurrency. As Zhao tweeted on his Twitter account, the interview was mostly about economic and financial issues related to getting bitcoins.
Binance is the biggest cryptocurrency exchange in the world in terms of volume, and it is slowly expanding its services to Africa. Zhao is on a mission to get more people to use cryptocurrency and web3. He has been to faraway places like India and the United States to spread the word.
The CEO of Binance wrote on Twitter on July 6 that Africa is ready to accept cryptocurrencies. Sources say that 10% to 20% of the money was put into a bank account.
Zhao said that Binance is working to get more people to use cryptocurrencies.
Binance recently signed a Memorandum of Understanding (MOU) with the Securities and Regulator Exchange of Cambodia (SERC) to help build up Cambodia’s digital economy.
There are rumours that Binance’s CEO Zhao has been working with local authorities to help the company grow in Asia. Binance has seen a rise in the number of users and cryptocurrencies it supports. In just two years, the number of wallets on the platform has grown by 240 percent.
During the market crash, there were a lot of trade offers at the exchange.