CEO of the Largest Crypto Exchange Believes that “Everyone will be in Crypto” Even JPMorgan
According to the head of the largest cryptocurrency exchange Binance Changpeng Zhao, in the near future, all companies will manage to do without banks due to digital coins. Recall that a few days ago Ron Karpovich, an official representative of the biggest financial holding JPMorgan, in his interview to CNBC said that cryptocurrency start-ups won’t be able to run their businesses without banks. He believes that in any case, all market participants will have to use the banking sector to run a successful business. According to Karpovich, this is the reason why all cryptocurrency market participants should regard the banking sector as their partner and not a competitor. In response to this CEO of Binance expressed his disagreement on his Twitter account. He claimed that thanks to cryptocurrencies many companies are already working fine without banks and that a similar fate awaits everyone. Subscribe to The Coin Shark news in Facebook: