Binance CEO Warns Traditional Institutions Against Reducing Exposure to Crypto.
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Binance CEO Changpeng "CZ" Zhao is of the opinion that an active reduction in exposure to cryptocurrencies by traditional institutions as a reaction to the collapse of the ecosystem in 2022 could potentially have a negative impact on traditional financial players. This is because “CZ” Zhao believes that the ecosystem will collapse in 2022. the idea stems from Zhao's conviction that such a reduction could have a detrimental effect on traditional participants in the financial sector.
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