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The Daily Hodl
2022-12-15 19:41:33

Binance CEO Says the World’s Largest Crypto Exchange by Volume Holds Customer Assets One-to-One

Binance CEO Says the World’s Largest Crypto Exchange by Volume Holds Customer Assets One-to-One

Binance CEO Changpeng “CZ” Zhao is fighting fear, uncertainty and doubt, saying assets held on the world’s largest exchange are one-to-one backed. In a new interview with CNBC Squawk Box host Aaron Sorkin, Zhao says they would not have a liquidity crunch covering any amount of customers’ withdrawals. “People can withdraw 100% of the assets The post Binance CEO Says the World’s Largest Crypto Exchange by Volume Holds Customer Assets One-to-One appeared first on The Daily Hodl .

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