Key Takeaways
- U.S. crypto market lacks competition, says CZ.
- The Binance founder accused traditional media of negative bias.
- CZ said improving policies could draw crypto firms back after an earlier exodus to hubs like the UAE and Singapore.
Binance founder Changpeng Zhao (CZ) said the U.S. crypto market suffers from a lack of competition that disadvantages consumers, while also accusing mainstream media of ignoring recent court rulings in his favour, speaking at the DC Blockchain event on Wednesday, March 18.
U.S. Crypto Lacking Competition?
Appearing virtually from Dubai, due to suspended flights following Iranian attacks, CZ said the U.S. needs stronger competition among crypto exchanges, arguing this would…
