According to an interview delivered to Bloomberg at the Web Conference held in Lisbon, Binance founder, and CEO Changpeng Zhao is probably considering acquiring banks as a means of connecting the dots between the sectors of traditional banking and cryptocurrencies. Binance CEO Acquiring Banks Zhao claimed that he’s receptive to either minority financing or a complete purchase, although he did not specify any targets. Various local licenses, conventional banking, money transmitters, and even banks are all held by individuals. Zhao stated that they are considering these things. Investing in banks, according to Zhao, is a sensible choice for Binance because The post Binance CEO Zhao Is Considering Acquiring Banks: Report appeared first on Cryptoknowmics-Crypto News and Media Platform.
